Ericsson wrote:Now 105mn turnover of over sh.2bn.
These volumes haven't been seen the whole of this year and last time we had such a huge volume in a trading day was immediately after the IPO when trading commenced
Interesting! Very interesting
19.50 is/was* an obstacle..VWAP 19.40
Closing price 19.40 (Thinly)
Closing demand total at 4.32M against 1.58M with demand clustered at 19.20 and supply clustered at 20 (1.27M)
Also Good volumes in equity (17M) with price closing at 26.75 (Ignoring 300 shares traded at 26.50 just before closing) and VWAP at 26.50
Heavy foreign plays at both
Shift from KCB to Equity as regards to bidding pressure
*Waiting for next week on determination of direction
*will watch traded volumes on some global indices today
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”