>>>How to tell the stock market has bottomed out. >>> Treasury securities interest rates decline further and expectation of further decline maintained >>> For the 5th straight auction, short-term gilt rates declined weighed down by high demand. In this week’s auction, the 182 day T-Bill shaved off a further 55bp to 9.43% a level last seen in January. Performance rate on the instrument remained high at 268%. Also on auction this week was the 364 T-bill. The weighted average rate of accepted bids on this paper declined by 105bp, on the back of a 472% performance rate. The highlight of the week was the auction of the re-opened 20 year paper at a coupon of 12%. Against the target KES 10bn on offer, the paper attracted bids of KES 25.88bn at a market average weighted rate of 13.31%, down 57bp. The weighted average rate of accepted bids on the 20 year declined 71bp to 12.981% (interestingly, notwithstanding the disparity between the market average bid rate and the accepted rate, CBK was able to fully fill up the offer). As at start of trading today, the 20 year has traded at levels of 12.2%, adding further impetus to markets expectation of further decline in rates. (Central Bank of Kenya, Standard Investment Bank)

The liquidity is also good for stock market. ... Further interest rate melt down is more music to the stock market

...KES 112.45M 12.51pm

Does this mean that all you D&B clients cannot execute your deals (even email/hardcopy orders)

@mwekez@ji, Can but it's more convenient doing it online,not unless the orders are extremely urgent.

@Mwekez@ji haven't you seen the evidence?? We were back online at 2.30pm

Don't hard copy orders have a one day lag?? Why would I place a hard copy order if I expect to trade online the next day?

Email orders dont have a lag, right?

Mwekez@ji, once your used to clicking and watching as your order goes through emailing becomes very boring, unless you really really want to sell. Iko down tena, that IT guy must really be scratching his head.

@Mwekez@ji since you have refused to see wacha tu nikuoneshe!!

I told you dyer and Blair was switched back on at between 2.15pm and 2.30pm... The difference in volume between 1.52pm and 3.00pm is a whopping 132M..

And if we were not switched back on I doubt we would have crossed 250M in volume at the NSE today...

What more evidence do you need??