Abacus Wealth Management

Closing Bell – 25 May 2012

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                   Change

Uchumi Supermarket 17.20 -9.95
Safaricom Limited 3.25 -2.98
SCBK 175.00 -2.23
SGL 22.50 -2.17
TOTL 15.75 -1.87

Exchange Rates

Currency Mean
US Dollar 85.3153
Sterling Pound 133.5134
Euro 106.9232
SA Rand 10.1840
KES/USHS 29.1860
KES/TSHS 18.6368
KES/RWF 7.0621


There were 41.66 million Safaricom Limited shares traded in today’s session and was the biggest mover of the day. The shares were traded in 77 bids and the share price dropped 10 cents (2.99%) to close at KES 3.25. The KCB counter was also quite active with 10.69 million shares exchanging hands in 118 bids in the session. The share clawed up 25 cents (1.14%) to close at KES 22.25 to close the week on the up. There were 2.46 million Centum shares traded in 30 bids in today’s trading. The share price closed 10 cents down (0.68%) to close the week at KES 14.70. Mumias was active as well with 2.13 million shares being traded in 66 bids. The counter however remained the same, closing at KES 5.70. There were 1.41 million Barclays Bank shares traded in the day, the counter closing 5 cents down (0.38%)  at KES 13. The Diamond Trust Bank share was up KES 2 (2%) to close at KES 102. There were 5,000 shares traded in 3 bids on that counter. East African Breweries closed KES 2 down (0.92) with 124,000 shares trading in 15 bids.

Today on Pesatalk we highlight the CMA’s red flag on fraudsters (read that piece here), we inform you of your taps staying dry for a little longer (click here for that article), we take a look at banking with Yu Cash (see that story here) and provide many more insightful reads.

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