Olympia Capital Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines

Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 8.89% to close at KES 4.90 which was a KES 0.40 gain in share price.

Atlas Development and Support Services Ltd (ADSS) was the top loser of the day. It had a loss of 6.38% to close at KES 2.20 which was a KES 0.15 drop in share price.

Safaricom Limited (SCOM) was the most traded share at the NSE. It traded 8,538,300 shares which was 23.23% of all shares traded in the market.

Turnover increased by 58.8% to settle at USD 7.8m (KES 800.2m).  The NSE, Kenya RE and Equity Bank marked large net foreign inflows while KCB Bank, Safaricom and NIC Bank marked large net foreign outflows. Total net foreign inflows stood at USD 0.5m (KES 48.1m). Foreign investor activity dominated activity at 84.3% compared to a participation rate of 59.5% in the previous session.

The winners

The other top gainers of the day were: Uchumi Supermarket Limited (UCHM), Kenya Reinsurance Corporation Ltd (KNRE), Umeme Limited (UMME) and Pan Africa Insurance Company Ltd (PAFR).

The losers

The other top losers of the day were: CIC Insurance Group Limited (CIC), WPP Scangroup Limited (SCAN), National Bank Of Kenya Ltd (NBK) and CFC Stanbic Kenya Holdings Limited (CFC).

Most Traded Shares

The other most traded shares of the day were: Barclays Bank Kenya Ltd (BBK), Kenya Commercial Bank Ltd (KCB), WPP Scangroup Limited (SCAN) and Nairobi Securities Exchange Limited (NSE).

Indices

The NSE All Share Index gained 0.95 points to close at 138.96, while the NSE 20 Share Index shed 21.05 points to close at 3909.27.

News Summary

• Boeing boss in Kenya to scout business deals
• Umeme cuts energy losses but large consumers still decry poor supply
• Kenya in talks with neighbours to reduce travel costs
• Commercial banks inject billions of shillings in high-return SMEs
• Barclays to charge clients higher fees from next month to boost earnings
• Central Bank, IMF to step up cross-border banks supervision
• Investors in NSE-listed firms lose Sh41bn in a week
• Sh70bn ‘at stake’ in cigarettes tax plan
• KQ to face stiffer competition with planned open skies policy
• Boeing boss in Kenya to scout business deals
• Nakumatt borrows bank loans to finance Yako Supermarkets buyout
• Offer alternative route to keep lucrative Uganda oil export pipeline in Kenya