Daily Market Monitor 7th December 2018

Foreign investor trading ticked up in the session to account for 64.2% of total market turnover from 52.5% recorded in the previous session. The top five traded counters by the foreign desk were Safaricom Plc, KCB Group Plc, East African Breweries Limited and Equity Group Holdings Plc. Net buying activity was mainly recorded in KenGen and Britam while net selling was mainly on Safaricom, EABL, KCB, KENO and Equity. On overall, foreign  investors were net sellers for the fourth consecutive session this week.

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by Genghis Research