Daily Market Monitor 13th November 2018

Foreign investor participation came off to 81.1% of total market turnover from 92.1% recorded previously. Notably, Safaricom accounted for 75.5% of total activity as most of the other counters did not elicit much trading in the day. The most traded counters by foreign investors were Safaricom, Equity, KCB and EABL. Net buying activity was recorded in KCB, EABL, COOP while net selling was mainly on Equity, Safaricom and Jubilee. Foreign investors were net sellers in the session, reversing a two session net buying streak.

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by Genghis Research

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