At the close of trading at the NSE yesterday, the NSE 20-share index stood at 3,685.36 while the All-share index stood at 79.41. The total number of shares traded stood at 36.596 million in 1288 deals. The equity turnover stood at KES 254.466 million.
In today’s trading we will be observing the following counters:
- Longhorn Kenya Limited: for the first time this week the counter has lost value over the course of trading. Yesterday the share closed at KES 19.50, 2.01% down from its level on Wednesday.
- Kenya Airways: On Friday the airline announced the results of its rights issue. The news that the issue received a 70% subscription coupled with the release of its financial results for the period ended 31st March 2012. The airline profit dropped by 53%. This news is bound to have a bearing on the performance of the share as it closed 0.71% down at KES 13.90.
- Total Kenya Limited: the oil retailer was uncharacteristically the highest gainer in yesterday’s trading. It closed 5.96% higher at KES 16 per share. We will observe this counter in today’s trading and perhaps hypothesize on what could have caused this rapid increase.