Quote:Alykhan says
Equity Bank was the most active share at the Nairobi Bourse. Equity
Bank closed unchanged at 26.75 a 25 month Closing High and traded
33.503m shares [0.9048% of its share Capital] worth 896.314m. Equity
Bank has posted a 103.213% 1 Year Return and trades on a Forward PE of
23.465. Equity Bank talked off Ambitions in Rwanda and Tanzania and
posted strong 1st Half Results.
Foreigners bought 497M out of the 896M total turnover on this trade. Is this a swap since there was no strange demand spike and price also closed flat. Anything on the wires about this trade?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!