Below is a look at our Pesa Portfolio using the prices of stocks as at the close of the Nairobi Stock Exchange yesterday (Tuesday 15th May 2012):
Our portfolio gained a net value of KES 618 despite several of our stock holdings losing value. Our holdings in Housing Finance lost the portfolio KES 55 while Kengen lost us KES 65. The portfolio however gained KES 720 from our Kenya Re holdings. This all results to a 0.639% net gain on our portfolio, 162% more than the 0.244% the gain the NSE recorded (using the NSE 20 share index as a measure) over the same period. We will hold all our stock holding positions as they are, hoping for even bigger gains in today’s trading.