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
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45