The NSE 20 Share Index closed at 4069.33, an increase of 124 points marking another cross into the 4000 points range. The All-Share Index performance better by 0.41 points to close at 87.11. This growth could have been spurred by the launch of the Government Bond index today, that was also the 3rd collaboration between the NSE and FTSE.
COUNTER WATCH
- Williamson Tea Kenya Ltd – The stock maintained a price of KES 200 on average today and was seen hitting a high of KES 205.00. The company announcement yesterday regarding the tender for resignation by the director, Mr.David White, seems to have had no effect on the stock’s price.
- Standard Chartered Bank – The shares edged up by KES 1.00 to land at the day’s average of KES 208. The price however was seen hitting a low of KES 205 and high of KES 210. This fluctuation in demand could be a domino effect of the 2nd rights issue the company announced yesterday that is yet to commence on 9th October and end on 26th October.
* Due to technical hitches data on volumes was unavailable today. We will update the story with the data as soon as we can.