Rank: Elder Joined: 6/23/2009 Posts: 14,332 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:https://www.businessdailyafrica.com/markets/marketnews/Foreigners-remove-Sh5bn-at-the-NSE-Investors/3815534-4571436-9isiy7/index.html
Foreign investors have made net sales of Sh5.3 billion from the stock market in the last month on profit-taking activities, putting pressure on stock prices and pushing the main index down by six per cent over the period.
Data compiled by Standard Investment Bank shows that since mid-April, these investors have been cashing in on the blue chips, mainly Safaricom on which weekly net sales have ranged from Sh850 million to Sh1 billion. Of the 67 listed firms, 20 companies at the NSE are now trading under KES 10 per share, with 35 companies trading sub KES 20 per share.. This is a very fair market perception towards the financial performance of the companies.. Being more proof that information is the commodity on trade at the NSE and the one with better information shall likely trade at a profit to the 'greater fool'. Only Kurwitu appears misplaced, but then again which sane investor would ever but Kurwitu shares.. Mumias Sugar 0.8 Home Afrika Ltd 0.95 Atlas Development & Support 1.05 Deacons 1.6 Eveready EA 1.8 Uchumi Supermarket 1.8 Nairobi Business Ventures 2.05 Sameer Africa 2.3 Olympia Capital 2.65 Flame Tree Group 3.2 ARM Cement Ltd 3.65 Longhorn Kenya Ltd 4.25 Express 4.6 Transcentury Limited 4.7 CIC Insurance 4.8 EA Cables 5 National Bank of Kenya 6.3 Kenya Power & Lighting 6.7 Kengen 7.9 Housing Finance 9.7 Umeme 10 Marshalls EA 10.75 Kenya Airways 10.8 A Baumann 11.1 Carbacid Investments 11.3 Fahari I-Reit 11.5 Barclays Bank 11.7 CFC Insurance Holdings 13.4 British-American Investments 14 Scangroup 17.05 Kenya Re-Insurance 18 Cooperative Bank 18.6 Nairobi Securities Exchange 18.8 Eaagads 19 KenolKobil 19.55 Sasini 22.5 EA Portland Cement 24 Pan Africa Insurance 25 Rea Vipingo Plantations 27.5 Car & General 28.75 Safaricom Limited 29.25 TPS EA Serena 32 Total Kenya 32 Standard Group 32.5 NIC Bank 36 Centum Investment 37 Unga Group 40 KCB Bank 48 Equity Bank 49.5 Kapchorua Tea 74 Kenya Orchads 82 Crown Paints 87.5 BOC Kenya 90 CFC Stanbic 94 Nation Media Group 108 I&M bank 118 Williamson Tea 150 Bamburi Cement 178 Diamond Trust Bank 203 Standard Chartered Bank 210 EA Breweries 235 Kakuzi 351 Limuru Tea 520 Jubilee Holdings 534 British American Tobacco 616 Kurwitu Ventures 1,500.00 Sasa we need to classify those trading below ksh.1. Monkeys From the list, monkeys appear from KES 5 and lower COOP, IMH, KEGN, KQ, MTNU
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