Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange:

See a summary of yesterday’s share trading activity here.

• NIC Bank – For the past two weeks with the NIC Rights Issue underway the share has been on a steady climb gaining 4 shillings to close yesterday at KES 34.75. This price was just 2 shillings shy of the share’s highest price of KES 36.75 for this year reached in July. We will watch how it performs today.

• City Trust - The share yesterday climbed by one of the biggest one-day margins seen at the stock market this year. It rose 70 shillings or 20 percent to close at KES 350 from KES 280 where it had been for most of July and August. Before then the share was trading in the 250 shilling range. City trust is an investment company with very little information available about it. We will watch to see how it performs today.

• NIC Bank Rights – The rights edged up a further 29.91 percent to close yesterday at their highest of KES 14.55. Tomorrow will be the last day they trade and this could further their through last minute investor demand. We will observe them in today’s trading.