Daily Market Monitor 22nd November 2018

 

Foreign investor trading accounted for 21.3% of total market turnover, down from 48.4% recorded previously. Notably, the desk’s participation has come off significantly in the week from highs of 76.0% during Monday’s session. The most traded counters were EABL, Safaricom Plc and KCB. Net buying activity was mainly recorded in Safaricom, KCB and EABL while net selling was mainly on Carbacid and Equity. On overall, foreign investors were net buyers in the session similar to the previous session.

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by Genghis Research

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