Kenya Electricity Generating (Kengen) Company Ltd Top Gainer as Atlas Development and Support Services Ltd Declines

Kenya Electricity Generating (Kengen) Company Ltd (KEGN) was the top gainer of the day. It gained 12.05% to close at KES 9.30 which was a KES 1.00 gain in share price.

Atlas Development and Support Services Ltd (ADSS) was the top loser of the day. It had a loss of 10% to close at KES 2.70 which was a KES 0.30 drop in share price.

Equity Group Holdings Limited (EQTY) was the most traded share at the NSE. It traded 5,991,900 shares which was 27.28% of all shares traded in the market.

Equity turnover increased by 1.3%, to USD 5.4m (KES 552.0m). Foreign investors remained dominant at 70.7% of market activity and remained overall net buyers (74.1% buying vs. 67.3% selling). Net foreign inflows was recorded at USD 0.4m (KES 37.7m). Recording large net foreign inflows were Safaricom, Centum Investments and E.A Breweries while with large net foreign outflows were Barclays Bank, KCB Bank and Kenya Airways.

The winners

The other top gainers of the day were: East African Cables Limited (CABL), Kenya Power & Lighting Co. Ltd (KPLC), Bamburi Cement Limited (BAMB) and Eveready East Africa Limited (EVRD).

The losers

The other top losers of the day were: Equity Group Holdings Limited (EQTY), Standard Chartered Bank Kenya Ltd (SCBK), Kenya Commercial Bank Ltd (KCB) and Home Afrika Ltd (HAFR).

Most Traded Shares

The other most traded shares of the day were: Safaricom Limited (SCOM), Kenya Electricity Generating (Kengen) Company Ltd (KEGN), The Co-operative Bank of Kenya Ltd (COOP) and Barclays Bank Kenya Ltd (BBK).

Indices

The NSE All Share Index shed 4.59 points to close at 136.33, while the NSE 20 Share Index shed 12.79 points to close at 3978.70.

News Summary

• KenGen says full-year pretax profit more than doubles
• Bailiffs raid Uchumi outlet in Kampala over debt -VIDEO
• Tanzania, Uganda sign Tanga oil pipeline agreement
• Uchumi puts up Nairobi mall for sale at Sh2bn
• Britam banks on Sh3b platform to drive regional expansion, insurance uptake
• Jubilee in plans to buy three insurance firms
• Court freezes 20 bank accounts in NYS scam
• Mumias gets window to seek raise of power tariff
• Local developers enter social media space with Startag app
• Jamii Bora eyes Sh5bn in funds drive
• NSE drops below 4,000 psychological mark as bear run extends
• KenGen ups dividend payout as profit jumps threefold to Sh11.5bn
• Stima Sacco gets guarantee for trade finance
• City Hall ends 4-hour Stima Plaza lockdown