[kictanet] Fwd: NSE @ Week 31

Mon Jul 28 16:30:29 EAT 2008

Kudos Bill - you are moving and shaking - keep it up!

Regards,

Mblayo

On Mon, Jul 28, 2008 at 11:35 AM, Bill Kagai <billkagai at gmail.com> wrote:

> MediaCorp (c)
> Empowering Investors**
>
> *Global Overview*
>
> MediaCorp last week finalised an agreement setting ground for establishment
> of MediaCorp [UG] Ltd which will now be housed on Plot3, Pan Africa House
> along Kimathi Avenue in Kampala. This will help us serve our Uganda Clients
> better and also provide Kenyan investors with better intelligence on the
> Uganda financial market. MediaCorp [TZ] and MediaCorp Dubai Offices will
> also be operational by December 2008.
>
> Dubai is increasingly becoming the *financial hub closest to Nairobi *and
> quickly overtaking Johannesburg's relevance more so, due to easier
> requirements for visa processing and larger capital base supporting the
> emerging new economy in East Africa. MediaCorp in collaboration with our
> partner in Dubai will soon be releasing new indices to gauge investment
> coming from Asia/Middle East into East Africa.
>
>
> As Africa continues to privatise national assets in line with *structural
> policies of the Bretton Woods institutions*, the mortgage crisis in
> America which has hit banks severely *prompts new thinking on how
> effective this strategy really is*. In an election year, the U.S. Congress
> approved a massive housing market rescue bill on Saturday, offering
> emergency financing to mortgage titans Fannie Mae and Freddie Mac, and
> setting up a USD 300-billion fund to help hundreds of thousands of troubled
> homeowners. Though this eases but not ends the crisis, it does prove how
> critical Government involvement is in sensitive facets of the economy.
> Private finance in mortgages has simply been withdrawn, and *the bill
> seeks to empower Treasury/Government to buy shares into these companies
> should they run into trouble*. In other words, Nationalisation has gripped
> America through the back door and serves as a lesson to African Governments
> in a hurry to release national assets to private companies who will quickly
> fold in when signs of economic distress become visible.
>
> Fannie Mae and Freddie Mac problems can easily be compared to Rift Valley
> Railways which is clearly on its deathbed should the Government fail to
> intervene. Running the port and railway as one unit could be the solution
> East Africa should be pursuing.
>
>
> Globally, stocks behaved badly. The Dow Jones industrial average .DJI fell
> 1.1 percent and the Standard & Poor's 500 Index .SPX slipped 0.2 percent. In
> contrast, the Nasdaq Composite Index gained 1.2 percent. Britain's blue-chip
> FTSE index ended 0.2 percent lower on Friday, as banking and insurance
> stocks fell on a gloomy economic outlook, outweighing gains in commodities
> and retail sector shares. In Hong Kong and Tokyo, stocks fell by 2% though
> both markets reported the best weekly gains in 3 months.
>
> *Local Highlights*
>
> Nothing much to write home about in the local market. Turnover this week
> declined to Kshs.2.3bn from the previous week's Kshs.5.6bn. The number of
> shares traded stood at 228M against 231M posted the previous week. The NSE
> 20-share index was down 1.24% during the week to close at 4963.46 points.
> The NSE All share index shaved-off a total of 0.23 points during the week to
> stand at 105.71.
>
>
>
> *Dividends Update*
>
> BAT • 1st & Final Dividend: 4.50/= • Payment: 5-Sep-08
>
> Olympia • Dividend: 0.20/= • Payment: 11-Aug-08 • Books closed: 23-Jul-08
>
> Centum • 1st & Final Dividend: 0.45/= • Books close: 7-Aug-08 • Payment:
> 16-Oct-08
>
> Kapchorua • 1st & Final Dividend: 0.50/= • Books close: 25-Jul-08
>
> Williamson Tea • 1st & Final Dividend: 0.50/= • Books close: 25-Jul-08
>
> Kenya Airways • 1st & Final Dividend: 1.75/= • Payment: 24-Oct-08
>
>
>
> Agriculture sector traded 187,000 shares, which accounted for 0.08% of the
> week's traded volume. Sasini was the most heavily traded counter in this
> sector, with 142,000 shares changing hands at between shs.12.80 and
> shs.14.00. Rea-vipingo unchanged at shs.18.70 moved 41,000 shares.
>
>
> Commercials had 209M shares traded, which accounted for 91.95% of the
> week's traded volume. Safaricom Ltd was the week's biggest mover with 204M
> shares dealt at between shs.6.20 and shs.6.95. CMC Holdings eased fifteen
> cents to close the week at shs.19.85 on a volume of 2.8M shares.
>
>
> Financials had 9.8M shares traded and represented 4.29% of the week's
> volume. Equity Bank down 0.32% to shs.307.00 moved 879,000 shares despite
> Kshs 3 Billion in profit for H1. KCB actively moved 3.5M shares at between
> shs.29.50 and shs.31.00. Centum Investment down 4.81% to shs.24.75 moved
> 1.6M shares.
>
>
>
> Industrial sector had 8.1M shares, which accounted for 3.59% of the week's
> volume. KenGen moved 3M shares during the week and closed at shs.24.50.
> Mumias Sugar moved 3M shares at between shs.11.00 and shs.12.00.
>
> Alternative Investment Segment moved 209,000 shares, which accounted for
> less than 1% of the week's traded volume. Express Ltd down 0.51% to
> shs.19.40 sold 200,000 shares.
>
>
>
> *NSE Highlights*
>
> * *
>
> * *
>
> *18th July*
>
> *21st July*
>
> *22nd July*
>
> *23rd July*
>
> *24th July*
>
> *25th July*
>
> *Price Change *
>
> *Price Change *
>
> *Shares Traded Last  Week*
>
> *Total Shares Issued*
>
> *Agricultural*
>
> *Code*
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
> *Unilever Tea*
>
> *UNLV*
>
> 45.00
>
> 45.00
>
>
>
>
>
>
>
> 45.00
>
> 0.00
>
> 0.00%
>
>                           -
>
> 48,875,000
>
> *Kakuzi*
>
> *KAKZ*
>
> 34.50
>
> 40.00
>
> 39.75
>
> 35.00
>
>
>
> 35.00
>
> 0.50
>
> 1.45%
>
>                   3,800
>
> 19,599,999
>
> *Rea Vipingo*
>
> *RVPL*
>
> 18.70
>
> 19.80
>
> 19.40
>
> 18.75
>
> 18.75
>
> 18.70
>
> 0.00
>
> 0.00%
>
>                  41,764
>
> 60,000,000
>
> *Sasini*
>
> *STCL*
>
> 13.55
>
> 13.75
>
> 13.00
>
> 13.05
>
> 13.15
>
> 13.45
>
> -0.10
>
> -0.74%
>
>                142,150
>
> 228,055,500
>
> * *
>
> * *
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
> *Commercial & Services*
>
> * *
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
> *Access Kenya Group*
>
> *AKGL*
>
> 34.25
>
> 35.50
>
> 35.50
>
> 32.50
>
> 34.75
>
> 33.00
>
> -1.25
>
> -3.65%
>
>             1,531,783
>
> 199,885,578
>
> *Car & Gen*
>
> *CAGR*
>
> 52.50
>
> 50.00
>
> 51.00
>
> 50.50
>
>
>
> 51.00
>
> -1.50
>
> -2.86%
>
>                   3,622
>
> 22,279,616
>
> *CMC*
>
> *CMCH*
>
> 20.00
>
> 21.00
>
> 20.50
>
> 19.95
>
> 20.50
>
> 19.85
>
> -0.15
>
> -0.75%
>
>           2,854,852
>
> 582,709,440
>
> *Hutchings Biemer*
>
> *HUBM*
>
> 20.25
>
>
>
>
>
>
>
>
>
> 20.25
>
> 0.00
>
> 0.00%
>
>                           -
>
> 360,000
>
> *Kenya Airways Ltd*
>
> *KAIR*
>
> 48.50
>
> 49.00
>
> 48.50
>
> 47.75
>
> 48.75
>
> 47.50
>
> -1.00
>
> -2.06%
>
>              295,409
>
> 461,615,484
>
> *Marshalls***
>
> *MSHL*
>
> 30.00
>
> 30.00
>
> 30.00
>
>
>
> 30.00
>
> 30.00
>
> 0.00
>
> 0.00%
>
>                    1,000
>
> 14,393,106
>
> *Nation Media Group.*
>
> *NATN*
>
> 333.00
>
> 345.00
>
> 346.00
>
> 338.00
>
> 344.00
>
> 339.00
>
> 6.00
>
> 1.80%
>
>                 64,589
>
> 71,305,260
>
> *Safaricom*
>
> *SCOM*
>
> 6.20
>
> 6.30
>
> 6.90
>
> 6.45
>
> 6.95
>
> 6.35
>
> 0.15
>
> 2.42%
>
>      204,880,376
>
> 40,000,000,000
>
> *Scangroup Ltd*
>
> *SCGP*
>
> 31.00
>
> 32.00
>
> 32.25
>
> 30.75
>
> 32.00
>
> 30.50
>
> -0.50
>
> -1.61%
>
>               301,324
>
> 160,000,000
>
> *Standard Group Ltd *
>
> *STDG*
>
> 57.50
>
> 59.00
>
> 59.50
>
>
>
> 60.50
>
> 56.50
>
> -1.00
>
> -1.74%
>
>                   12,961
>
> 73,275,029
>
> *TPS Eastern Africa (Serena) Ltd*
>
> *TPEA*
>
> 69.00
>
> 69.00
>
> 68.50
>
> 67.50
>
> 69.50
>
> 68.50
> ...
>
> [Message clipped]
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-- 
Brian Munyao Longwe
e-mail: blongwe at gmail.com
cell: + 254 722 518 744
blog : http://zinjlog.blogspot.com
meta-blog: http://mashilingi.blogspot.com
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