Abacus Wealth Management

Oct 23 NSE At Noon: Kenya Power Top Gainer After Announcing 88% Profit Rise

Kenya Power & Lighting Company Limited (KPLC) was as at noon today the top gainer at the Nairobi Securities Exchange (NSE). The power distributor released its end of year results today posting an 88% increase in earnings per share (net profit).

Its share price performance since the beginning of the year is given below.

The winners

Kenya Power, Olympia Capital Holdings (OCH), Express Kenya Limited (XPRS), Longhorn Kenya Limited (LKL), & Eaagads Limited (EGAD) are the companies whose share price had appreciated the most.

The losers

Unga Group Limited (UNGA), Uchumi Supermarkets Limited (UCHM), East African Cables Limited (CABL), Sasini Tea And Coffee Limited (SASN), together with CIC Insurance Limited (CIC) had declined the most in share price.

Most shares traded

Safaricom Limited (SCOM), Kenya Power, Kenya Commercial Bank Limited (KCB), Equity Bank Limited (EQTY) and the NSE were the five most traded shares. Over 10 million Safaricom shares had changed hands by 12.00 pm.

Market snapshot

As at 12.04 pm today.

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