The NSE 20 share index closed at 3,670.18 points, moving up 13.17 points (0.3601%) from Monday’s close of 3,657.01 points. The NSE all share index closed at 78.94 points. This was a gain of 0.51 points (0.6501%) from the previous day’s closing of 78.43 points. The NSE closed with a market capitalization of KES 1.012 trillion with 14.642 million shares with an equity turnover of KES 292.87 million.
The shares we are watching today include:
- Limuru Tea Company: The share price of the tea company rose 8.7% in trading to close at KES 500. This was a KES 40 gain on the share in the day from the previous close of KES 460. We will keep our eyes on the share to see if there are more big percentage gains to come from the priciest stock at the NSE.
- Kakuzi: The share was yesterday’s biggest loser, down 5.66% in trading to close at KES 75 from the previous days close of KES 79.50. The share has dropped continuously in the last month, with yesterday’s drop being the biggest.
- Crown Berger: The share price rose 3.73% in trading to close at KES 34.75. The share closed KES 1.25 up from the previous day’s close of KES 33.50 with 110,100 shares traded in the day. The share has performed well in the last week and we will keep an eye on it to see if it will continue its strong form.
- Kenya Re-Insurance Corporation: The Kenya Re share closed 5.26% down in yesterday’s trading to be one of the biggest losers. The 55 cent loss in value had the share closing at KES 9.90 from KES 10.45. The share price had been rising steadily for the last 6 months and yesterday’s drop is one of the biggest in recent months. We will keep watching the share to see if there is more to come.