Our focus today on Nairobi Securities Exchange stocks watch shall be on the banking and agriculture sector with specific focus on 2 counters (one in each)
See a summary of yesterday’s share trading here.
- Williamson Tea Kenya Ltd – The stock was one of the top losers yesterday having lost 9.09% to settle at KES 200. The company also made an announcement yesterday that the director, Mr.David White, who has served in the company’s board for close to 30 years has tendered his resignation. We shall be looking to see if the market will react to this news and yesterday’s share value loss.
- Standard Chartered Bank – The bank yesterday announced a second rights issue that is to commence on 9th October and end on 26th October. We shall be looking to see if the shares shall take to further fluctuation as it did yesterday where it hit a of of KES 203 and a high of KES 210.