Daily Market Monitor 6th December 2018

Foreign investor trading ticked up in the session to account for 52.5% of total market turnover from 42.1% recorded in the previous session. The top five traded counters by the foreign desk were Safaricom Plc, KCB Group Plc, Equity Group Holdings Plc, Kenya East African Breweries Limited and Cooperative Bank of Kenya Ltd. Net buying activity was mainly recorded in Safaricom, COOP and Crown Berger while net selling was mainly on KCB, Equity, Standard Chartered and Barclays Bank. On overall, foreign  investors were net sellers for the third consecutive session this week.

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by Genghis Research

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