mwekez@ji wrote:Rich (Bullish) Today wrote:The Nairobi All Share snapped a 2 session Downdraft to close 0.10 points higher at 140.79.
The Nairobi All Share is +3.0296% in 2014 and 2nd best in Africa in 2014 after Egypt.
The Nairobi NSE20 Index firmed 5.85 points to close at 5023.05 and the Bulls will be looking for this Index to hold above 5,000.
Turnover was 686.001m versus 381.631m previously.
EABL, KCB, Equity Bank and Safaricom traded 69.006% of the Volume at the Securities Exchange.
There were 30 Winners and 16 Losers at the Securities Exchange confirming conditions underfoot remain constructive and the Bourse pointed higher.
I expect the Securities Exchange to make it a 3 Year Rally in 2014.
The Imminent Issue of the Dollar denominated Eurobond will release the Pressure Valve in the Domestic Bond market and we should see interest rates trend lower and this will be supportive.
the chap also has nice words for KenyaRe ;)
Yeah caught his views on Kenya-Re "Kenya Re Leads Insurance Firms On Upward Move"
http://allafrica.com/stories/201401140584.html
ION, a coincidence that the Japanese PM chose Abidjan to congregate his ECOWAS meet? ;-) visited Mozambique, lastly Ethiopia. That's pretty much Kenya-Re's footprint in Africa - ECOWAS, COMESA.
http://www.tlcafrica.com...ni_ecowas_summit_1_2014
Random tweets: #ECOWAS expected to incur ave GDP growth rate of 7.1%, the highest on the continent outside of northern #Africa #InkermanGroup
8 nations of West African franc zone are planning debt issuance this year to raise XOF 2,97bn (USD 6.2bn). TBs, bonds, Eurobonds