INDICES

The NSE 20 Share Index has today gained 0.2 percent to settle at 3,800.23 points from 3,792.22 points yesterday while the All Share Index has also gained, rising 0.11 percent to 83.22 points from 83.13 points yesterday.

[caption id="attachment_16562" align="alignleft" width="374"] Source: FILE[/caption]

HIGHEST VOLUMES

British American Investments was today the most traded share with 2.76 million shares traded while Equity Bank was second with 1.16 million shares down from 2.85 million shares yesterday. Third was Kenya Re with 703,700 shares traded while fourth was CIC Insurance Group with 608,400 shares traded down from 1.0 million shares yesterday. The fifth most traded share was Kengen with 727,400 shares moving across the counter.

COUNTER WATCHLIST

• Nation Media Group – The share topped yesterday’s high today by gaining two shillings to close at KES 182 per share. The share has been on the rise since the media group posted a 23.4 percent growth in half-year profit to 1.37 billion shillings on Wednesday last week.

• KCB – The bank’s shares closed at a new four-year high of KES 25 per share after gaining 25 cents in the day.  According to an official statement released yesterday, the Capital Markets Authority has approved the listing of an additional 1,594,200 KCB shares of KES 1 each to be issued to the Bank’s Employee Share Ownership Plan.

• Scangroup – Shares in the marketing group gained 50 cents in today’s trading to close at their highest price in just under two years of KES 58.50 per share. Last week the group announced that half year earnings had grown 11 percent from mid last year to 578.4 million shillings. Read more on this here.