Daily Market Monitor 28th November 2018

Foreign investor trading increased slightly to account for 88.1% of total market turnover in the session from 86.8% recorded in the previous session albeit on lower turnover. The top five traded counters by the desk were Safaricom Plc, KCB Group Plc, Equity Group Holdings Plc, EABL and Centum Investments Plc. Net buying activity was mainly recorded in Centum Investments Plc, KenGen, EABL, KCB and Equity while net selling was mainly on Safaricom Plc, and KPLC. On overall, foreign investors were net sellers in the session, for the second session this week.

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by Genghis Research