Kakuzi Limited Top Gainer as Home Afrika Ltd Declines

Kakuzi Limited (KUKZ) was the top gainer of the day. It gained 9.78% to close at KES 348.00 which was a KES 31.00 gain in share price.

Home Afrika Ltd (HAFR) was the top loser of the day. It had a loss of 23.08% to close at KES 2.00 which was a KES 0.60 drop in share price.

Safaricom Limited (SCOM) was the most traded share at the NSE. It traded 1,642,000 shares which was 22.84% of all shares traded in the market.

Market turnover declined by 10.7% from the previous session to USD 1.7m (KES 169.6m). Foreign investors dominated trading (54.0% participation) with balanced buy and sell sides, accounting for 53.3% of total buying and 54.7% of total selling. CFC Stanbic recorded the highest net foreign inflows while Equity Bank had the highest net foreign outflows.

The winners

The other top gainers of the day were: Williamson Tea Kenya Limited (WTK), Standard Chartered Bank Kenya Ltd (SCBK), HF Group (HFCK) and Longhorn Publishers Limited (LKL).

The losers

The other top losers of the day were: Unga Group Limited (UNGA), KenolKobil Limited (KENO), WPP Scangroup Limited (SCAN) and Eaagads Limited (EGAD).

Most Traded Shares

The other most traded shares of the day were: Kenya Commercial Bank Ltd (KCB), Equity Group Holdings Limited (EQTY), Home Afrika Ltd (HAFR) and Kenya Electricity Generating (Kengen) Company Ltd (KEGN).

Indices

The NSE All Share Index shed 0.20 points to close at 145.50, while the NSE 20 Share Index shed 33.75 points to close at 4007.00.

News Summary

• Stocks to watch out for in 2016
• KCB forms holding company, unbundles operating entities
• US, South Africa disagree on trade levies
• Bonds, real estate return highest gains in tough 2015
• Helios entry into telecoms sector to take fight for clients a notch higher
• Home Afrika issues profit warning for 2015 returns
• Safaricom M-Pesa transfers across borders hit Sh17bn
• Focus on MPs in race to pass 28 key Bills
• Kenya Power to start connecting homes at Sh15,000
• Kerosene, cooking gas and travel to cost more in VAT regime
• Collymore challenges civil servants on wealth disclosure
• StanChart profit alert, Barclays sale report raise eyebrows
• Capital gains tax reintroduction causes a storm
• NSE investors hope for a turnaround after bear run
• More banks seen bypassing bonds brokers in 2016