Abacus Wealth Management

Closing Bell – 9 May 2012

Gainers
Price         Change

Unga Limited 11.00 +6.80
Standard Group Limited 23.25 +4.49
Kenya Re 11.05 +1.84
Olympia Capital Holdings 3.50 +1.45
Kakuzi Limited 82.00 +1.23

Losers
Price             Change

Sameer Africa 4.15 -6.74
Crown Berger 24.75 -6.60
CFC Investments 7.50 -4.46
BOC Kenya 110.00 -4.35
Carbacid Investments 102.00 -3.77

Exchange Rates

Currency Mean
US Dollar 83.2958
Sterling Pound 134.4613
Euro 108.0969
SA Rand 10.4668
KES/USHS 29.7975
KES/TSHS 18.9806
KES/RWF 7.2333

There were 5.503 million Safaricom shares traded in today’s session. The share price however remained unmoved cloing at KES 3.35. KCB was the second-biggest mover of the day with 1.969 million shares exchanging hands in the session. The shares had a value of KES and the share price remained the same closing at KES 23.50. Cooperative Bank had 1.176 million shares exchange hands today with a turnover of KES. 16.36 million. The share price also remained fixed, the counter closing at KES 13.90. The BOC share was one of the top losers today, down 4.35% to close at KES 5 lower. There were 5,100 shares ttraded today in6 bids. Carbacid shaved KES 4 off its share price to close 3.77%  lower at KES 102. East African Breweries gained KES 2 to close 0.94% higher at KES 215.

Today on Pesatalk we delve into KenolKobil’s possible delisting from the NSE, KQ’s performance after the rights issue (click here for that) and what to expect from Safaricom’s fnancial results tomorrow (see that story here).

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