Monday, October 30, 2006

POWER CRAZE

The market closed 71.25 points higher riding on strong price leaps on a number of blue chip counters. Kenya Power stole the show as a surge in demand pushed the price to a Kshs. 262. Nation Media aced up Kshs. 16 to close Kshs. 3.00 shy of its Kshs. 258 12 month high. CMC Holdings hit a new 12 month high of Kshs 236, 12 shillings above Friday’s Kshs. 124 close. Sasini Tea, which has captured significant price appreciations with every trading day also hit a new 12 month high of Kshs. 87 while Bamburi edged Kshs 10 higher to hit the Kshs. 200 mark.

Losers were much fewer and lower, the highest being on Barclays Bank counter which shed Kshs 18 to close at Kshs 466 after hitting a new 12 month high of Kshs. 515. TPS shed 7 shillings to close at Kshs. 85 while Cables eased down a further Kshs. 5.50 to close at Kshs. 52.

1 comment:

pesa tu said...

Interesting blog.Will be checking it for my mkt. summaries