Below is a look at our Pesa Portfolio after yesterday’s trading session at the Nairobi Securities Exchange:
|
Price (KES) |
Portfolio Value (KES) | |||||
| Share | Market Segment | Units | Latest | Previous | Current value | Previous value |
| Mumias Sugar Company | Manufacturing and allied | 2,700 |
5.55 |
5.50 |
14,985 | 14,850 |
| KCB | Banking | 1,000 |
24.50 |
24.50 |
24,500 | 24,500 |
| Housing Finance Company Limited | Banking | 1,100 |
16.20 |
16.05 |
17,820 | 17,655 |
| Kenya Re-Insurance Corporation Limited | Insurance | 1,200 |
13.20 |
12.45 |
15,840 | 14,940 |
| Kengen Limited | Energy and petroleum | 1,300 |
8.60 |
8.65 |
11,180 | 11,245 |
| Crown Berger Limited | Construction and allied | 600 |
25.50 |
26.00 |
15,300 | 15,600 |
| Net value of portfolio | 99,625 | 98,790 | ||||
| Net gain/loss | 835 | |||||
| Cash receivable upon immediate sale (less transaction costs) | 96,636 | 95,826 | ||||
Our holding in Mumias Sugar helped increase our portfolio value with the share closing 5 cents up from the previous day’s price. The share contributed KES 135 to the portfolio-value increase. Housing Finance and Kenya Re also closed with improved prices, pushing our portfolio value even higher, the shares contributing KES 165 and KES 900 to the portfolio with their respective 15 cent and 75 cent gains as of the close of the NSE yesterday.
Kengen and Crown Berger both lost value, dropping 5 cents and 50 cents respectively. The 2 shares combined lost the portfolio KES 365. In the end, the portfolio had a net gain of KES 835. We will hold our stocks as they are, hoping the Kengen and Crown Berger shares will rebound and push the portfolio up even further before we consider our stocks after today’s closing bell. The portfolio increased 0.838% in value while the NSE had a 1.12% increase (using the NSE-20 share index as a measure) in yesterday’s trading.