The NSE All-Share Index closed down for a second consecutive day, today losing 0.07 points to close at 82.11 points from yesterday’s close of 82.18 points while the NSE 20-Share Index also closed down for a second day at 3,789.33 points losing 1.73 points from yesterday’s 3,791.06 points.
Safaricom was the most active counter today, with 6.93 million shares traded up from 1.25 million shares traded yesterday. Barclays Bank was the second most traded, with 1.42 million shares moving across the counter. The Mumias counter was third most active, trading 1.03 million shares traded down from 1.06 million shares yesterday. Co-operative Bank was the fourth most traded with 792,300 shares traded while East African Breweries was the fifth most active counter with 406,500 shares traded.
- Marshalls East Africa Ltd – The share closed today’s trading with no change at KES 12.40. Yesterday, the motor vehicle company had lost for the first time in more than three weeks, to settle 5 cents lower at KES 12.40 from KES 12.45 at the end of last week’s trading.
- Eveready East Africa Ltd – The battery maker’s share closed for a third day at the same price of KES 1.70. The company is set to incorporate two new subsidiaries according to an AGM notice available on the company’s website for the 45th Annual AGM to be held next month. Today’s Business Daily reported that the subsidiaries will ‘penetrate businesses that do not form part of its core business.
- Mumias Sugar Co. Ltd – The sugar manufacturer gained 2.24 percent to close at a new eight-month high at KES 6.85 up from KES 6.70 yesterday. Investors in the company expect decent full year earnings and a good dividend payout according to a Bloomberg report posted today.
- Pan African Insurance Holdings – The share gained 0.71 percent today to close at KES 35.50 up from KES 35.25 yesterday. The share was a top loser yesterday losing 1 shilling and 17 cents.