Abacus Wealth Management

Closing Bell – 15 May 2012

Gainers

Sameer Africa Limited 4.70 9.30%
Kenya Re-Insurance Corporation Limited 12.00 5.73%
Uchumi Supermarket Limited 16.75 5.35%
Centum Investment Company Limited 15.50 4.73%
Total Kenya Limited 16.00 4.23%

Losers

Carbacid Investments Limited 101.00 2.88%
Express Limited 3.70 2.63%
Kapchorua Tea Company Limited 117.00 2.50%
Eaagads Limited 31.00 2.36%
CFC Stanbic Holdings Limited 43.00 1.71%

Exchange Rates

Currency Mean
US Dollar 83.9469
Sterling Pound 135.1657
Euro 107.8491
SA Rand 10.2781
KES/USHS 29.3996
KES/TSHS 18.8096
KES/RWF 7.1774

Safaricom was the biggest mover of the session today with 13,314,300 shares exchanging hands in 166 bids. The shares price however remained fixed at KES 3.45. Equity Bank came second  with 2,433,200 shares being traded. The counter appreciated by 25 cents (1.22%) to close at KES 20.75. Cooperative Bank, another share from the banking segment moved 1,729,100 shares and closed 10 cents up to close at KES 14.10. The shares were traded in 149 bids. Kenya Re had 1,451,800 shares trading and closed 60 cents up (5.29%) at KES 11.95. KCB, yet another counter from the Banking segment moved 1,343,000 shares but remained at KES 24.25.

Today on Pesatalk we highlight why fuel prices shot up, Athi River Mining’s positive first quarter results (read that here), some stocks investors should consider buying (see that here), the danger of comparing yourself to others (click here for that) and many other insightful pieces.

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