The Nairobi All Share rowed back 0.49
points off a 15-week high to close
at 147.07.
The Nairobi NSE20 index, which
crossed the 4,000 level last Thursday
for the first time since the first week
of January, eased 5.81 points to close
at 3,995.56.
Equity turnover was
432.275m.
Sasini Tea and Coffee closed +2.301%
at 20.00.
Standard Group reported a full year
loss after tax of -289.603m versus a
profit of 220.514m in 2014.
Revenue
declined by 6.15% to clock 4.488399b
and the group has skipped a dividend.
Standard Group was high-ticked
+3.571% to close at 29.00 on light trading
of 2,800 shares.
Standard Group is
+3.571% this year.
Nation Media closed unchanged at
176.00 and traded 3,100 shares.
Safaricom eased -0.59% to close at
16.80.
I & M Holdings reported full year
earnings where loans and advances
posted a double digit gain of 13.63%,
profit after tax surged +24.597%, and
earnings per share expanded +26.254%.
Dividend was ratcheted +20.69% higher.
These were strong earnings and the
bank trades on a cheap price earning
ratio, signalling there is room to the top
side for the price.I & M Holdings rallied
+3.00% to close at a 2016 high of 103.00
on the highest volume session of the
year for the stock. 355,100 shares worth
36,577,500 changed hands.
Standard Chartered Bank firmed
+0.89% to close at a fresh year high of
226.00 and traded 8,400 shares.
KCB closed unchanged at 42.00 and
traded 713,500 shares.
National Bank eased back -0.68% to
close at 14.45 and there are persistent
rumors
of imminent rotation in the
upper reaches of the hierarchy.
The Nairobi Securities Exchange,
which reported earnings last week,
followed on the previous session’s +5.26% gain and surged 10% (the daily
limit) to close at 27.50 making that a
+15.789% two-session gain.