As at the close of trading at the NSE yesterday, the NSE 20 share index was down by a very marginal 13.25 points compared to Tuesday, closing at 3,585.93 points up from Tuesday’s 3,599.18. The NSE all-share index maintained its previous position t close at 78.09. The NSE closed with 14.747 million shares being traded and a market capitalization of KES 999.91 billion, a little shy off a trillion shillings.
The stocks to watch in today’s trading are:
Safaricom Limited: The Safaricom share reported a significant increase in trading activity yesterday with 5.503 million shares on the move. The share closed at KES 3.35. Safaricom’s annual results will be released todaY and the share is one to watch with double-digit billion-shilling profits expected.
Sameer Africa: Yesterday the share recorded the biggest loss in value. In today’s trading we will be careful to see whether the share will continue losing value.
National Bank of Kenya: Yesterday the bank reported a 40% increase in its first quarter profits as compared to the same period last year. This news may have a bearing on the performance of the share.
Kenya-Re: The share has been observed to be constantly gaining over the last few weeks we continue to watch it to see how much longer this upward trend will continue.