Daily Market Monitor 30th November 2018

Foreign investor trading increased to 91.1% of total market turnover from 88.1% recorded previously. The top five traded counters by the desk were Safaricom Plc, Equity Group Holdings Plc, British American Tobacco Kenya Ltd and KCB Group Plc. Net buying activity was mainly recorded in BAT, Safaricom, EABL and Cooperative Bank while net selling was mainly on Equity and KCB. On overall, foreign investors were net buyers in the session, breaking a three-session selling streak.

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by Genghis Research