According to the weekly bulletin release by the Central Bank of Kenya (CBK) on Friday 25th, the interbank rate (cost at which banks borrow from one another) increased to 18.46% from 15.96% the week before. This increase can be attributed to the tightening of excess liquidity by the CBK…
In today’s trading we will be careful to observe the performance of the following counters: Uchumi Supermarkets Limited: at the beginning of last week the share appeared to be very promising gaining consistently over the first few days. However, by the end of the week the share price has dropped…
Gainers Price Change Crown Berger 29.50 +8.26 Eveready East Africa 1.85 +2.78 Olympia Capital Holdings 3.80 +2.70 AccessKenya Group Limited 4.75 +2.15 Diamond Trust Bank Kenya Limited 102.00 +2.00 Losers Price …
EABL is on our watch list today. The share dropped a shilling in yesterday's trading to close at KES 218 but we feel it remains worth observing.
Carbacid is also on the list and its 2.94% increase in value from KES 102 to KES 104 and we will keep a keen eye on it.
Yesterday the Co-operative Bank share fell 0.7% to close at KES 14.35. Though this is not an extraordinary drop, it may serve as an indication of the trend the share will be following in the near future. Over the course of the day 2.05 million shares were either bought or…
As at the close of trading yesterday the NSE 20-share index stood at 3,678.02 as compared to yesterday’s level of 3,672.3. The NSE All share index stood at 79.14 down 0.37 points from yesterday’s close of 79.51 points. The number of shares traded stood at 27.2 million while the value…
There were 13.43 million Safaricom shares changing hands today, the share price losing 10 cents down to close at KES 3.40. Stocks from the banking segment of the NSE held 4 of the top 5 mover slots in today's trading.
A snapshot of some of the shares we are watching today. EABL increased a moderate 1.85% in yesterday's trading, representing a shilling-gain of KES 4. The share is KES 1 shy of the 52-week high.
At the close of trading yesterday the company’s share had fallen for the second day in a row recording a drop of 5.7% to close at KES 12.35. On Friday the share reported a loss of 0.8% to close at KES 13.10 per share. This is…