Closing Bell: National Bank of Kenya Best Performing Share at the Exchange

National Bank Of Kenya Ltd was the top gainer at the Nairobi Securities Exchange (NSE). The counter registered a gain of 8.31% to end the day at KES 21.50. This was a KES 1.65 gain in share price.

National Bank of Kenya today posted a 20 percent rise in first-quarter pretax profit to 707.28 million shillings, helped by higher interest income. National Bank has been going through a revamp to cut overall costs as part of an effort to recover its position as one of Kenya's top three lenders, a position it last held in 1996 before poor management hurt its performance.

Read full story at: http://af.reuters.com/article/investingNews/idAFKBN0OD0WQ20150528?feedType=RSS&feedName=investingNews

Kakuzi Limited closed the day as the worst performing share registering a drop of 9.33%. The counter closed with a share price of KES 272.00 which was a KES 28.00 drop in share price.

Safaricom Limited was the most traded share for the 6th day in a row at the exchange. It traded 12,815,300 shares which was 52.8% of all trades in the market.

 

The winners:

The other top gainers were: TPS Eastern Africa Limited Serena Hotels (TPSE), Total Kenya Ltd (TOTL), I&M Bank (I&M) and East African Portland Cement Company (PORT). Each closed at KES 36.75, 23.75, 122.00 and 59.00 respectively.

GAINERS PRICE(KSH) CHANGE(%) PRICE CHANGE (KSH)
NBK 21.50 +8.31 +1.65
TPSE 36.75 +8.09 +2.75
TOTL 23.75 +7.95 +1.75
I&M 122.00 +5.17 +6.00
PORT 59.00 +3.51 +2.00

  

The losers:

The counters that shed the most value were: Kakuzi Limited (KUKZ), Olympia Capital Holdings Ltd (OCH), Sasini Ltd (SASN), CFC Stanbic Holdings Limited (CFC) and Pan Africa Insurance Company Ltd (PAFR). They ended the day at KES 272.00, 5.00, 15.15, 105.00 and 80.00 respectively.

LOSERS PRICE(KSH) CHANGE(%) PRICE CHANGE (KSH)
KUKZ 272.00 -9.33 -28.00
OCH 5.00 -6.54 -0.35
SASN 15.15 -6.48 -1.05
CFC 105.00 -6.25 -7.00
PAFR 80.00 -3.03 -2.50

 

Most shares traded:

These were: Safaricom Limited (SCOM), Equity Bank Limited (EQTY), Kenya Electricity Generating Company KenGen (KEGN), Nairobi Securities Exchange (NSE) and The Co-operative Bank of Kenya Ltd (COOP).

MOVERS VOLUME % OF SHARES ALL TRADED
SCOM 12,815,300 52.8
EQTY 3,674,100 15.1
KNRE 1,310,800 5.4
NSE 1,120,500 4.6
COOP 731,400 3.0

 

Indices

Both the NSE All-Share Index and the NSE 20 Share Index did not change today.

INDICES
NSE ALL SHARE INDEX 161.31
NSE 20 SHARE INDEX 4,835.75
FTSE NSE Kenya 15 Index 217.85
FTSE NSE Kenya 25 Index 217.43

 

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