JAN 15, 2019: NAIROBI: SAFARICOM FIRM, ASI STILL UP

The All share index continued it's daily rise on Tuesday  January  15, 2019 by closing 0.42 points  up at 143.53 even as Safaricom closed firm without giving a lift. 

There were 21 price gains  and 15 drops with the gainers paced by I & M Holdings with Ksh 5.50 per share add on. The company  climbed most of the day,  hitting day low of Ksh 93 then a high of Ksh  100 before closing  at Ksh 96.50 per share. 

The other major price gain were East African Breweries Ksh 4.75 per share rise while recording  deals for 602,300 shares at between  Ksh 168 and 171 per share.

On the other hand,  price drops were led by Diamond Trust Bank with Ksh 2.75 per share decline  to close at Ksh 152 per share compared  to Ksh 154.75 previously. 

Bamburi Cement's  Ksh 1 per share drop was the only other major decline as it hit year low of Ksh 127 per share while recording deals for 21,900 units worth Ksh 2.8m.

Traded volume  rose to 29.930m shares from Monday's  25.990m units. The shares were traded in 1117 deals worth Ksh 850.409m compared to 1079 deals valued at Ksh 687.984m 

Safaricom led volume and value with 21.628m shares traded at between  Ksh 23.50 and 23.80 per share for a total value of Ksh509m or 59.88% of the day's total value. 

The banking sector chipped in Ksh 219m or25.78% led by KCB Group with deals for 3.136m shares worth Ksh114m at between  Ksh 36.15 and 37.30 per share and Equity Group's 2.704m share traded for Ksh 100m 

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