Morning Market Brief 19th November 2018

Trading Expectation:
We expect market activity to remain subdued as local investors continue to take a wait-and-see approach while foreign investors trade low volumes on the key index counters; Safaricom, Equity and KCB. On Safaricom, we see support at KES 24.0 while on KCB, some support is coming in at KES 38-KES 39 from the local desk, outweighing supply.

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by Genghis Research