NSE MONTHLY MARKET COMMENTARY (Oct 2023): NASI touches an 11-year low and its trailing PE hits a new record low

KEY HIGHLIGHTS

EQUITIES

• In October, equity turnover declined by 7.
  
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  Published on : November , 2023

Kenya Weekly Commentary 24 November 2023

Equity market commentary and outlook

• During the week, Bamburi Cement further rallied to a 12-month high on account of local demand.
  
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  Published on : November , 2023

Kenya Weekly Commentary 17 November 2023

Equity market commentary and outlook

• During the week, Bamburi Cement rallied to a 7-month high on the back of local demand, after Holcim announced the sale of its 70.
  
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  Published on : November , 2023

Kenya Weekly Commentary 10 November 2023

Equity market commentary and outlook

• During the week, Co-op bank hit a 3-year low on account of local investors’ sell-off.
  
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  Published on : November , 2023

Kenya Weekly Commentary 03 November 2023

Equity market commentary and outlook

• During the week, Safaricom traded down to a 12-month low on account of continued foreign investors’ sell-off.
  
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  Published on : November , 2023