Morning Market Brief 10th December 2018

Trading Expectation:
As the week starts off, we expect subdued market turnover as most investors continue to stay out of the market.  We anticipate sustained foreign investor domination of the market with interest still on the selling end.  Trading is forecast to remain on the key index counters; Safaricom, Equity, KCB and EABL. Additionally, we foresee a lot selling interest on NIC following the previous week’s announcement of a merger with CBA. On other counters, we do not anticipate much activity with prices expected to remain relatively unchanged in the session.

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by Genghis Research

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