Daily Market Monitor 5th December 2018

Foreign investor trading declined further to account for 42.1% of total market turnover in the session from 71.5% recorded in the previous session. The top five traded counters by the foreign desk were East African Breweries Limited, Safaricom Plc, Equity Group Holdings Plc, Kenya Re-Insurance Corporation Ltd  and KCB Group Plc. Net buying activity was mainly recorded in EABL, KCB, DTK and KenGen  while net selling was mainly on Equity, Safaricom and Kenya Re. On overall, foreign  investors were net sellers in the session similar to the previous session.

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by Genghis Research

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