Abacus Wealth Management

PesaPortfolio – 17 May 2012

Below is a look at our PesaPortfolio using the prices of the various stocks as at the close of the Nairobi Stock Exchange (NSE):

Share Market Segment Units Latest Share price (KES) Previous Price (KES) Current portfolio value (KES) Previous portfolio value (KES)
Mumias Sugar Company Manufacturing and allied 2700 5.50 5.50 14,850.00 14,850.00
KCB Banking 1000 24.50 24.25 24,500.00 24,250.00
Housing Finance Company Limited Banking 1100 16.05 15.55 17,655.00 17,105.00
Kenya Re-Insurance Corporation Limited Insurance 1200 12.45 11.95 14,940.00 14,340.00
Kengen Limited Energy and petroleum 1300 8.65 8.6 11,245.00 11,180.00
Crown Berger Limited Construction and allied 600 26.00 26.00 15,600.00 15,600.00
Net value of portfolio         98,790.00 97,325.00
Net gain/loss         1,465.00  
             
Cash receivable upon immediate sale (less transaction costs)            
        95,826.30         94,405.25

 

Our portfolio gained a net value of KES 1,465. This large increase can be attributed to the leap observed at the Kenya reinsurance Corporation counter. The share gained KES 0.5 in yesterday’s trading. This represented an increase of 4.18%. The Housing Finance and KCB shares also exhibited similar exceptional performance gaining KES 0.5 and KES 0.25 respectively.

For the second day in a row the PesaPortfolio has gained value. Read this to see how it previously performed.

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