cnn wrote:wukan wrote:mnandii wrote:obiero wrote:wukan wrote:lochaz-index wrote:NSE20 at 2545 some 185 points shy of the GFC low of 2360. This bear is excruciating to watch...death by a thousand cuts. Some bounce expected but with the global economy skiding precipitously do not expect it to last long. H2 is shaping up to be alot more interesting.
Really painful to watch...never thought I would see the index this low. Insurance companies must be gnashing their teeth. On the other hand Tbills yields are low and banks are liquid, you would expect some action on equities. The market is lonely and deserted
Nothing is impossible. Few people saw this coming. Its time to buy!
DON'T BUY!
Looks like NSE20 will go below 2500 today. interesting times
And it came to pass .....2488
We do not have "new" firms to replace those have become junk in the NSE20.
Which were and are the constituents of the NSE20?
I think firms like Mumias, KQ and Uchumi were once constituents.
Then we had "consolidation" of 4:1 of KQ. Is this neutral in the index?
Are bonuses neutral i.e. does the price adjustment also account for the bonus?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett