At the close of trading at the NSE yesterday, the NSE 20-share index stood at 3,682.23 while the All-share index stood at 79.83. The total number of shares traded stood at 8.159 million in 918 deals. The equity turnover stood at KES 105.234 million. Yesterday, the NSE had subdued activity.

In today’s trading we will be observing the following counters:

• Pan-Africa Insurance Holdings: in yesterday’s trading the counter jumped 9% to close at KES 39.50. This is the highest level the share has reached in the past year. We will observe this counter to see how much higher it may go and perhaps hypothesize on what may have caused this.
• Co-operative Bank of Kenya: the bank dropped a staggering 15.22% to close at KES 11.70. This is above the 10% fall allowed at the NSE. We will watch this counter to see whether it will keep falling and reasons as to why the share dropped so drastically.
• Mumias Sugar Company: yesterday was the most active recording 2.323 million shares exchanging hands in 143 bids. The counter closed 5 cents up (0.77%) to close at KES 6.55.