This rally has too much caution; people are so earger to take profits of 20% or less. Look at the case in point of DTB, it produced fantastic results which should have pushed its share at a conservative price of 140, but at 110 everyone is taking profit

@pkoli, people are broke, tell me about dtb dividend in this dry times? Is it true when people are cautious about the economy they pursue stocks with caution?, as confidence and overconfidence in the economy happens, stocks do likewise, i see confidence rising tomorrow but....?
@hisa, sorry saw your post late, volumes for Nairobi 'indecis'? are a bit foreignor depedent thus liquid blue chips move and me and mama mbogas rush in to buy and they run away and leave us to wait for their return, anyway, i believe we will also see volume from kesho, toes crossed!

I see the foreign bulls in the horizon returning to the NSE.... They should have arrived by 9.30 today..

i'm not always quick to agree with newspapers stories but..

Market shifts signal shake-ups in portfolio mix
http://www.businessdaily.../-/jv7gu5z/-/index.html

..lower returns on bonds despite security vs. higher returns in equity despite risk (post referandum..econ stable..risk lower in 3rd/4th quarters compared to first 2.. this story might have something to it..

especially if liquidity is not disturbed..thro new investment avenues such as new issues (shares & Bonds)

let mr.market speak for himself then we can go on from there....we have already seen companies announce good results without corresponding price action,that tells you about the sentiment in the market..after the excitement of 3q expect most counters to retreat as "investors" take a hike...but that said the index seems very resilient its valued at pe of 15 while s&p at 20...foreigners will be back in full swing at around Nov awaiting 4q and 1q 2011

so i notice.

KCB moving HUGE volumes today. Though down as investors take flight because of the impending dilution. Unlikely to go below 17 in my view.

Can PAI repeat gains in 2H coz the gains on listed equities is a one-time deal...