Closing Bell – 23 May 2012

Gainers

Price       Change

Express Limited 3.70 +8.82Up
National Bank Limited 21.75 +6.10Up
Pan Africa Insurance Holdings Limited 29.25 +5.41Up
Uchumi Supermarket 19.35 +1.57Up
CFC Insurance Holdings 7.80 +1.30Up

Losers

   Price      Change

Rea Vipingo Plantations Limited 16.00 -4.19Down
NIC Bank Limited 35.00 -3.45Down
Total Kenya Limited 16.00 -3.03Down
Safaricom Limited 3.40 -2.86Down
British-American Investments 5.85 -2.50Down

Exchange Rates

Currency Mean
US Dollar 85.1625
Sterling Pound 134.1063
Euro 107.8571
SA Rand 10.1899
KES/USHS 29.0739
KES/TSHS 18.6703
KES/RWF 7.0749

Safaricom Limited was the day’s biggest mover with a total of 13.43 million shares exchanging hands in 127 bids. The share price closed 2.86% down, losing 10 cents to close at KES 3.40. KCB had 2.86 million shares traded in the six-hour trading session at the Nairobi Securities Exchange to close 25 cents up (1.15%) at KES 22. The share has rallied from two consecutive days of dropping in value. There were 2.19 million Equity Bank shares traded in the day in 94 bids. The share price however remained constant closing at KES 20.50. Cooperative Bank had 2.045 shares traded off its counter, the share closing 10 cents down (0.69%) to end the day at KES 14.35. There were 1.19 million Barclays bank trading in the day, the share closing 10 cents down (0.76%) and the share closing at KES 13.10.

Today on Pesatalk we tell you the 12 things you need to know about Kenya's property scene (see that here), the CBK's last day to buy the 5 year bond (see that news here), we look at the increase in Eastlands' house prices of late (read that story here) and many other insightful pieces.

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