Abacus Wealth Management

Oct 16 Morning Bell: Standard Media Group Among The Top Gainers At The NSE

The Nairobi Securities Exchange (NSE) as at 11.30 am today.

The winners

Olympia Capital Holdings (OCH), Standard Group Limited (SGL), Marshalls East Africa Limited (MASH) Longhorn Kenya Limited (LKL), and Kenya Orchards (ORCH) are the companies whose share price had appreciated the most. Only 200 orchards shares had exchanged hands at 10.42 am. Two of the companies, Olympia and Standard Group had been among the top gainers yesterday morning.

The losers

NIC Bank Limited (NIC), Home Afrika Limited (HAFR), Sasini Tea And Coffee Limited (SASN), Kenya Reinsurance Corporation Limited (KNRE), and Unga Group Limited (UNGA) had declined the most in share price.

Market snapshot

As at 11.30 am today.

Asks and Bids

Asks are prices quoted by prospective sellers while bids are prices quoted by prospective buyers. Pending bids/asks are those that are yet to get a match. They (pending bid/asks) can be used as an indicator of the direction the price of a share will take.

The pending asks/bids of Transcentury as at 11.30 am are given below

Most shares traded

Home Afrika, Equity Bank Limited (EQTY), Mumias Sugar Company Limited (MSC), Kenya Commercial Bank (KCB) and Safaricom Limited (SCOM) were the five most traded shares.

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