Guyz lets not panic about NOTHING here. this so called 'sell-off' has no support.What i mean is that if you look at the VOLUMES that are causing this 'sell-off' they cannot sustain the sell-off.
The market is very weak because of the Middle East crisis as one or two investors cannot hold his/her emotions and decides to sell his stake at a LOSS.
I mean when a.k makes new low on 55,000 shares OR Kenya Re which has very good dividend policy to go with makes an all-time low on just 200,000 shares OR Kenya Airways which trades below NAV drops on a mere 40,000 shares what does that tell you.??? it plainly means bargains are falling right on your/our laps.
Those calling for bargain hunting are dead right !!!!!!!! Thats what we shld do,Right NOW...
Those calling foe Equity bank at 20.00 please !!!!!!!It might be easier getting the cure for A.I.D.S ..LOL . sincerely .

WHAT I AM STREESING HERE IS WE LOOK AT THE VOLUMES THAT ARE PULLING DOWN THIS STOCKS. Guyz you might need your umbrellas coz its raining bargains on the N.S.E

The possibility of the grand coalition crumbling is imminent due to the wrangles in ODM.I would say political uncertainty is one reason why the index is not heading north

I think the market is in a very tricky situationt.Am sure the issues in the middle East wont be resolved immediately so the market will remain as it is or even go lower for a few more months. Moreover, its the eve of the election year and the parliament wrangles are coz politicians have gotten into campaign mode.most foreign investors are exiting the market and am speculating that more investors will exit the towards year end an wait it out upto 2013......My views
Anyone know of any other African markets with potential?

hi @vimto2505 None of the above instruments are available on the Nairobi stock exchange..

Hii NSE vile inaendelee kurega kurega towards 4000, I think in coming weeks we will need 'hopium' to bring back the rally... Stay tuned...

Boss!!, you're giving politics too much credit here. There are many counters that are not politically inclined e.g. BBK, others are now regional stocks.
While its true that 2012 politics is gonna affect the NSE, the effect will be very mild. Why? In 2007/08 - there was also a global financial meltdown. Kenya's infrastructure has grown rapidly, s.sudan is a new country, uganda has discovered oil (arabs fighting, hence alternate mkt), western TZ and Easteern congo are opening up, ea community.... Etc. By 2013 - NSE could be @ 5,000points (i'm probably being modest here).

Legally speaking the consequences of an "ODM Pull out" is that by-elections SHALL follow and a de-campd MP stands undr his/her new party. Now, logically, which MP would be so nuts to go back Debe earlier? None..AUGUST 2012 isn't too far away so they'd rather collect their salaries. Moreover, the politics this time round will be so different thanx to current Const.as power will be diffused even being an MP won't be soo prestigious, a less powerful prezz e.t.c. In conclusion, the current noise is reservd for politicians & not me. Me as an investor/mwananchi i'm more concernd about when it is going to rain & other economic devt.i.e EAC growth.please note that all other EAC countries (latest being UG) are through with elections so its back to business. KCB,SCAN,COOP,EBL e.t.c recc.picks

@jamani, i'm actually welcoming the confusion as i've been monitoring the current noise and happy that politicians r tearing each other apart w/o involving mwananchi unlike in 07. These guys r also smart they know blantant tribal politics will not see them through this time round (esp.with ICC hanging around.have U seen how Taylor looks so docile...) so they will morph into "nationalists" coz enyewe mwananchi remembrs that we all sufferd post election regardless of affiliation n on top of that they sold the very maize we so needed @ the time. If there was debe kesho I will vote MARTHA KARUA for prezz! These other fellows have messed us up enough n for too long!

Drought???
How many points will the NSE loose before it turns around? some counters are now performing worse than during the global financial melt down/PEV.

in early 2006, the NSE lost over 1000points in first half of the year. are we seeing a repeat of that? what triggered the 06' dip?

There being no further business,..worth doing or commenting on regarding stocks..
..i log off and have quit the market till May!

Be well people.