A solid day to end the week in Nairobi with turnover amounting to $11m as foreigners (71.2%) dominated proceedings. KNCB was very active thanks to a large cross early on (foreign both sides) as a total of 7.7m shares traded over the day. EABL (-0.3%) closed lower as foreigners dominating both sides of the name with 481k shares changing hands in the brewer. EQBNK was very strong and gained +2.5% on the back of local buying while Safcom (+0.9%) also closed higher on local demand.
Indices closed the session in positive territory. MCBG traded a total of 241k shares closing off strong at Rs198.50 (+0.3%). SBM closed the session flat at Rs0.98 after trading 12.6m shares. Total turnover was mainly geared towards MCBG and NMH- accounting 79.8%. NMH traded 1.3m shares as the counter closed up by 4.7% at Rs67.00.
A rather average end to the week ahead of the general elections over the weekend as turnover amounted to $22.3m with some crosses in the likes of Zenith ($3.32m), GTB ($3.07m), UBA ($3.02m) and NB ($2.42m). Banks had a very good day as the sector gained +3.58% with good performances from GTB (+5.00%), Zenith (+4.54%) and Access (+4.25%). Consumers (+0.75%) also closed higher thanks to Unilever (+4.99%) and Dangote Flour (+1.09%).
Please note that the index figure above is correct at the time of writing.
The market closed the week off on a quiet note. Econet was the only counter which made a significant contribution- 94% of total turnover. The counter traded a total of 718k shares to close at 51c, apart from this the market saw thin trades.
| Country | Notation | Currency | YTD % | 
| South Africa | ZAR | 11.95 | -3.44 | 
| Nigeria | NGN | 199.05 | -7.84 | 
| Kenya | KES | 92.15 | -1.74 | 
| Mauritius | MUR | 36.50 | -13.01 | 
| Botswana | BWP | 9.88 | -3.43 | 
| Tanzania | TZS | 1848.20 | -6.32 | 
| Uganda | UGX | 2975.00 | -6.70 | 
| Rwanda | RWF | 700.16 | -1.48 | 
| Ghana | GHS | 3.82 | -15.77 | 
| BRVM | XOF | 604.77 | -10.37 | 
| Egypt | EGP | 7.58 | -5.64 | 
| Morocco | MAD | 9.87 | -8.06 | 
| Tunisia | TND | 1.94 | -4.28 |