A solid day to end the week in Nairobi with turnover amounting to $11m as foreigners (71.2%) dominated proceedings. KNCB was very active thanks to a large cross early on (foreign both sides) as a total of 7.7m shares traded over the day. EABL (-0.3%) closed lower as foreigners dominating both sides of the name with 481k shares changing hands in the brewer. EQBNK was very strong and gained +2.5% on the back of local buying while Safcom (+0.9%) also closed higher on local demand.
Indices closed the session in positive territory. MCBG traded a total of 241k shares closing off strong at Rs198.50 (+0.3%). SBM closed the session flat at Rs0.98 after trading 12.6m shares. Total turnover was mainly geared towards MCBG and NMH- accounting 79.8%. NMH traded 1.3m shares as the counter closed up by 4.7% at Rs67.00.
A rather average end to the week ahead of the general elections over the weekend as turnover amounted to $22.3m with some crosses in the likes of Zenith ($3.32m), GTB ($3.07m), UBA ($3.02m) and NB ($2.42m). Banks had a very good day as the sector gained +3.58% with good performances from GTB (+5.00%), Zenith (+4.54%) and Access (+4.25%). Consumers (+0.75%) also closed higher thanks to Unilever (+4.99%) and Dangote Flour (+1.09%).
Please note that the index figure above is correct at the time of writing.
The market closed the week off on a quiet note. Econet was the only counter which made a significant contribution- 94% of total turnover. The counter traded a total of 718k shares to close at 51c, apart from this the market saw thin trades.
| 
             Country  | 
            
             Notation  | 
            
             Currency  | 
            
             YTD %  | 
        
| 
             South Africa  | 
            
             ZAR  | 
            
             11.95  | 
            
             -3.44  | 
        
| 
             Nigeria  | 
            
             NGN  | 
            
             199.05  | 
            
             -7.84  | 
        
| 
             Kenya  | 
            
             KES  | 
            
             92.15  | 
            
             -1.74  | 
        
| 
             Mauritius  | 
            
             MUR  | 
            
             36.50  | 
            
             -13.01  | 
        
| 
             Botswana  | 
            
             BWP  | 
            
             9.88  | 
            
             -3.43  | 
        
| 
             Tanzania  | 
            
             TZS  | 
            
             1848.20  | 
            
             -6.32  | 
        
| 
             Uganda  | 
            
             UGX  | 
            
             2975.00  | 
            
             -6.70  | 
        
| 
             Rwanda  | 
            
             RWF  | 
            
             700.16  | 
            
             -1.48  | 
        
| 
             Ghana  | 
            
             GHS  | 
            
             3.82  | 
            
             -15.77  | 
        
| 
             BRVM  | 
            
             XOF  | 
            
             604.77  | 
            
             -10.37  | 
        
| 
             Egypt  | 
            
             EGP  | 
            
             7.58  | 
            
             -5.64  | 
        
| 
             Morocco  | 
            
             MAD  | 
            
             9.87  | 
            
             -8.06  | 
        
| 
             Tunisia  | 
            
             TND  | 
            
             1.94  | 
            
             -4.28  |