CIC Insurance Group Limited Top Gainer as Unga Group Limited Declines

CIC Insurance Group Limited (CIC) was the top gainer of the day. It gained 6.43% to close at KES 7.45 which was a KES 0.45 gain in share price.

Unga Group Limited (UNGA) was the top loser of the day. It had a loss of 8.33% to close at KES 41.25 which was a KES 3.75 drop in share price.

Safaricom Limited (SCOM) was the most traded share at the NSE. It traded 13,957,900 shares which was 49.65% of all shares traded in the market.

The winners

The other top gainers of the day were: Liberty Kenya Holdings Limited (CFCI), Home Afrika Ltd (HAFR), The Co-operative Bank of Kenya Ltd (COOP) and I&M Holdings Ltd (I&M).

The losers

The other top losers of the day were: Sameer Africa Limited (FIRE), TPS Eastern Africa Limited (Serena Hotels) (TPSE), Kenya Airways Limited (KQ) and Atlas Development and Support Services Ltd (ADSS).

Most Traded Shares

The other most traded shares of the day were: Kenya Commercial Bank Ltd (KCB), Equity Group Holdings Limited (EQTY), Kenya Power & Lighting Co. Ltd (KPLC) and Mumias Sugar Company Ltd (MSC).

Indices

The NSE All share Index shed 1.35 [points to close at 147.04 while the NSE 20 Share Index shed 49.73 points to close at 4354.99.

News Summary

• Senate identifies five major causes of KQ losses
• Kenya's business sentiment drops as credit tightens
• Top foreign funds see returns on NSE equities drop 11pc
• Three doctors get Sh1.8bn to build Ridgeways hospital
• Listed bank stocks slide shaves off Sh36bn in capitalisation
• KCB set to hive off its mortgage unit again
• Land sale, cost cutting lift EABL net profit to Sh9.6bn
• Civil society opposes further KQ bailout until probe done
• Entrepreneurs urged to learn from peers to drive growth