Abacus Wealth Management

Oct 1 Morning Bell: Longhorn Kenya Limited Top Gainer At The NSE

An update on how companies listed on the Nairobi Securities Exchange (NSE) have performed this morning

The winners

As at 10.45 am today, Longhorn Kenya had appreciated the most in value. The book publisher was up 9.8% from yesterday’s closing price to trade at KES 28.00. Other top gainers were Olympia Capital Holdings, Liberty Kenya (Former CFC Life), NIC bank and Eveready East Africa.

The losers

Kapchorua Tea, Athi River Mining, the self listed NSE, Equity Bank and Sameer Group (Firestone East Africa) were the top decliners. They  shed 6.25%, 3.91%, 3.19%, 1.94%, 1.47% respectively this morning.

 

 

The most traded shares

The five most traded shares (five biggest movers) are illustrated below. 1.6 million, 1.1 million, 401000, 293000, and 288000 shares of Kenya Commercial Bank, Equity Bank, East African Brewereies Limited, Safaricom and the NSE  changed hands in the morning.

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 for the two biggest movers this morning are given below.

 

 

Safaricom the biggest mover yesterday had the most pending asks/bids today morning.

 

 

Click here to access NSE LIVE MARKET DATA

 

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