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How to tell NSE has bottomed out
mwekez@ji
#3921 Posted : Friday, August 02, 2013 5:57:45 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Stockmarkets in emerging economies have been overtaken by frontier markets

http://www.economist.com/blogs/...l/2013/07/daily-chart-22

Its clear where emerging economies should put their money for better gains
mwekez@ji
#3922 Posted : Friday, August 02, 2013 6:04:24 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Rich Today wrote:
Global Equity Markets remain in a Sweet Spot and that will continue to support Frontier Markets [of which Kenya is a part] and even the Economist saw fit to opine on the Frontier outperformance versus Emerging markets in its latest Edition.

mwekez@ji
#3923 Posted : Friday, August 02, 2013 6:19:36 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
FUNKY
#3924 Posted : Friday, August 02, 2013 6:34:43 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Buoyed by robust trading, turnover soared to Kes.983M on a volume of 22M shares, up from Kes.298M on 19M shares posted yesterday.

Week on week, turnover rose to Kes.2.5bn from Kes.1.86bn posted the previous week, the number of shares traded stood at 103M against 97M the previous week.

NSE 20 Share Index shaved-off a total of 24.51 points during the week to stand at 4777.12. All Share Index (NASI) was down 0.33% during the week to settle at 123.30 points.
FUNKY
#3925 Posted : Monday, August 05, 2013 7:31:51 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
The Bourse opened the week with a total of 21M shares valued at Kes.409M, down from Kes.983M on a volume of 22M shares posted last Friday.

The NSE 20 Share Index was up 6.28 points to stand at 4783.40.
All Share Index (NASI) eased 0.01points to stand at 123.29.
Cde Monomotapa
#3926 Posted : Monday, August 05, 2013 11:12:24 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Banking sector records improved performance (3 months to June '13) - CBK http://www.centralbank.g...rds-improved-performance
Cde Monomotapa
#3927 Posted : Monday, August 05, 2013 11:18:58 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Credit officer survey report - June 2013 http://www.centralbank.g...it-officer-survey-report
Cde Monomotapa
#3928 Posted : Tuesday, August 06, 2013 12:12:26 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Qualifying further the Scangroup reasoning of leveraging on WPP to rope in their global clients coming into SSA ~> Gina Din Corporate Communications strikes partnership with a Global PR firm http://www.kachwanya.com...p-with-a-global-pr-firm/
Cde Monomotapa
#3929 Posted : Tuesday, August 06, 2013 12:20:16 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
[quote=Cde Monomotapa]Qualifying further the Scangroup reasoning of leveraging on WPP to rope in their global clients coming into SSA ~> Gina Din Corporate Communications strikes partnership with a Global PR firm http://www.kachwanya.com...-with-a-global-pr-firm/[/quote]
smile
mwekez@ji
#3930 Posted : Tuesday, August 06, 2013 12:20:34 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Cde Monomotapa wrote:
Credit officer survey report - June 2013 http://www.centralbank.go.ke/in...it-officer-survey-report


smile ... Summary

1.1 KENYAN BANKING SECTOR PERFORMANCE
For the quarter ended 30th June 2013, the Kenyan Banking Sector demonstrated an improved growth compared to the first quarter ended 31st March 2013. Some of the sector’s performance indicators for the quarter were as follows:
• The aggregate balance sheet increased by 3.7 percent from Kshs 2.42 trillion in March 2013 to Kshs 2.51 trillion in June 2013.
• Gross loans and advances expanded by 3.6 percent from Kshs 1.40 trillion in March 2013 to Kshs 1.45 trillion in June 2013.
• Banking sector deposits grew by 4.5 percent from to Kshs 1.78 trillion in March 2013 to Kshs 1.86 trillion in June 2013.
• Total shareholders’ funds increased by 5 percent from Kshs 375.6 billion in March 2013 to Kshs 394.4 billion in June 2013.
• Unaudited pre-tax profits for the quarter was Kshs 61.5 billion compared to Kshs 53.2 billion for the quarter ending 30th June 2012, a 15.6% increase.

1.2 CREDIT OFFICER SURVEY
Highlights of findings obtained in the quarter ended June 2013:-
• The demand for credit generally increased in all economic sectors. Reduction of political risk had the most significant impact on increasing demand for credit; followed by reduction in Central Bank Rate and available investment opportunities.
• No institution tightened its credit standards as compared to the first quarter of 2013. However there was a slight easing of credit standards in trade, tourism, restaurant & hotels and personal/household sectors.
• For the quarter ending 30th September 2013, institutions expect the non-performing loans to generally decrease in Agriculture, Building & Construction and Tourism, Restaurant & Hotel sectors
• 76% and 56% of the respondents reported their intention to increase their credit recovery efforts in Personal/Household and Trade sectors while most of the respondents reported their intention to maintain their credit recovery efforts in most of the other economic sectors.
mwekez@ji
#3931 Posted : Tuesday, August 06, 2013 2:23:19 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#3932 Posted : Tuesday, August 06, 2013 2:54:21 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow
#3933 Posted : Tuesday, August 06, 2013 3:39:25 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa

Fantastic piece of news. It is what the market has been yearning for
#NextLevel

"Easea has already adopted a back office automated system that is already in use in Kenya, as the standard for all market intermediaries in the region, which after its full adoption is expected to facilitate access to all securities in the region and Internet trading."
GOD BLESS YOUR LIFE
symbols
#3934 Posted : Tuesday, August 06, 2013 5:07:27 PM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
Cde Monomotapa wrote:
Cde Monomotapa wrote:
Qualifying further the Scangroup reasoning of leveraging on WPP to rope in their global clients coming into SSA ~> Gina Din Corporate Communications strikes partnership with a Global PR firm http://www.kachwanya.com...-with-a-global-pr-firm/

smile

smile
murchr
#3935 Posted : Tuesday, August 06, 2013 5:45:57 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
NSE wrote:
Turnover declined to Kes.381M from the previous session’s Kes.409M, the number of
shares traded stood at 9.2M against 21M posted yesterday.

The NSE 20 Share Index closed 0.28 points lower to stand at 4783.12.
All Share Index (NASI) edged up 0.06 points to stand at 123.35.


Sad the mkt is bored
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hisah
#3936 Posted : Wednesday, August 07, 2013 5:01:11 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
murchr wrote:
NSE wrote:
Turnover declined to Kes.381M from the previous session’s Kes.409M, the number of
shares traded stood at 9.2M against 21M posted yesterday.

The NSE 20 Share Index closed 0.28 points lower to stand at 4783.12.
All Share Index (NASI) edged up 0.06 points to stand at 123.35.


Sad the mkt is bored

Looming sizable move is coming. Boring action = calm before the storm.
TA has converging bollinger bands. Always happens before a big move... H1 2013 has been lukewarm and after the period passes the sails won't have tail wind... 5000 is a solid barrier. 4800 is now forming another resistance level.

The more the market spends time on a level without progress means the decision is aligning with the opposite direction. Too much time trying to break a top (since May) = toppish and vice versa.

Waiting for mpesa bank sept 13 exdiv and H1 in Nov. Last man standing with 6.15 low in July pointing the line in the sand...

I'm neutral for now against 4400.


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3937 Posted : Wednesday, August 07, 2013 5:45:07 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Btw forgot to mention that the market to bet on is Zim stock mart. The market has become a fear haven post election. This political risk fear has presented very fat cherry picks if you can stomach the risk.

Once the dust settles the rebound will be sharp and you'll see it in the headlines...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Sufficiently Philanga....thropic
#3938 Posted : Wednesday, August 07, 2013 10:29:14 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,220
Location: Sundowner,Amboseli
hisah wrote:
Btw forgot to mention that the market to bet on is Zim stock mart. The market has become a fear haven post election. This political risk fear has presented very fat cherry picks if you can stomach the risk.

Once the dust settles the rebound will be sharp and you'll see it in the headlines...

cc @cde
@SufficientlyP
Cde Monomotapa
#3939 Posted : Wednesday, August 07, 2013 10:48:13 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Sufficiently Philanga....thropic wrote:
hisah wrote:
Btw forgot to mention that the market to bet on is Zim stock mart. The market has become a fear haven post election. This political risk fear has presented very fat cherry picks if you can stomach the risk.

Once the dust settles the rebound will be sharp and you'll see it in the headlines...

cc @cde

http://www.wazua.co.ke/f...051&p=193#post446478
mwekez@ji
#3940 Posted : Wednesday, August 07, 2013 2:27:57 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Safari bull smile #BellWetherStock
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