The NSE 20 share index yesterday closed at 3,653.29 points, up 2.22 points (0.07%) from the previous session’s 3,650.85 points. The NSE all share index however closed 0.27 pints (0.34%) down in yesterday’s trading to close at 78.21 from the previous 78.48 points. The market closed with a market capitalization of KES 1.002 trillion with 17.4 million shares trading with an equity turnover of KES 143.45 million.
Below is a look at the shares we will be keeping an eye on in today’s trading:
Carbacid Investments: The Carbacid counter registered the biggest gain in yesterday’s trading, the share closing KES 8 (7.55%) to close at KES 114.
Kenya Airways: Like we mentioned yesterday, the airline is set to announce the results of their rights issue tomorrow. This is bound to have an effect on the performance of the counter over the course of the week and we will observe to see whether the demand for the share will push the price upwards or expectations of dilution will push the share downwards.
Safaricom: The counter was yesterday’s biggest mover, with over 12.83 million share changing hands with the share price remaining at KES 3.25. We will keep tabs on the share to observe if the share price has stabilised at that level or if there is more to come.
Scangroup: The share price of Africa’s biggest marketing services company Scangroup yesterday increased KES 2.50 (4.9%) in yesterday’s trading to close at KES 53.50.In the last month the share has ranged between lows of KES 50.34 and highs of KES 54.28 but has maintained a steady appreciation in value overall.