The Nairobi all share rallied 1.13 points to close at 102.76. The Nairobi all share has rallied 8.328% in 2013 in an outstanding bull move and is at a 24-month high.
The Nairobi NSE20 rallied 64.11 points to close at 4413.97. The Nairobi NSE20 has now rallied 280 points and 6.774% in 2013. The bull move which was narrowly based continues to broaden out in a classic version of what a bull market should look like.
Evidence of the broadening out is seen in the +22.272% rally in Kengen and the +21.59% rally in Access Kenya.
In Agriculture
Sasini Tea and Coffee traded 50,100 shares all at 12.95 +7.47%. Rea Vipingo has reported its full year earnings and I will take a deep dive into them later.
In Commercial and Services
Safaricom was the most actively traded share at the Securities Exchange and firmed 0.89% to close at 5.65 and traded 10.957m shares worth 61.903m. Safaricom is +11.8811% in 2013 and has corrected 5.833% off its August 2010 and 2013 intra day high of 6.00 from last
Wednesday Last week, a level I expect it to hurdle in due course. Kenya Airways firmed 0.4545% to close at 11.05 and traded 73,400 shares. Buy side demand at the finish line was for 581% more shares than were traded during the session. Kenya Airways is set to snap higher imminently.
Nation Media eased 0.411% to close at 242.00 and traded 101,600 shares worth 24.677m. Nation Media has run 9.502% higher in 2013.
Access Kenya rallied 3.886% to close at 5.35 and traded 145,000 shares. Access Kenya has rebounded 21.59% in 2013. Car and General traded 200 shares at 25.25 +4.12%.
Among banks
Kenya Commercial Bank rallied 1.525% to close at 33.25 a further fresh All time closing high. Kenya Commercial Bank traded an all time intra day high of 35.00 +6.87%. KCB traded 447,800 shares.
KCB has rallied 11.7647% in 2013 and set a succession of all time highs. Standard Chartered rallied 2.049% to close at 249.00. Standard Chartered is +5.957% in 2013 and this is a 21-month high.
Standard Chartered was trading at 251.00 at the closing bell. Equity Bank closed unchanged at 25.75 and traded 644,200 shares. Equity Bank sits at a 20-month high.
COOP Bank firmed 10 cents to close at 12.80 and traded 816,900 shares. Diamond Trust Bank firmed 0.805% to close at 125.00 and traded 48,400 shares.
Centum firmed 1.2225% to close at 12.40 and traded 626,000 shares. In Industrial and Allied Athi River Mining rallied 5.36% to close at 59.00 which is a further all time closing high.
ARM is +32.286% in 2013. ARM traded 147,000 shares. Bamburi Cement traded 193,600 shares worth 37.752m all at an unchanged 22-month high of 195.00. EABL rallied 1.7006% to close at 299.00.
EABL traded shares at an all intra day high of 306 +4.081%. EABL traded 89,300 shares and there was buy side demand for 475% more shares than were traded during the session at the closing bell, signalling the extension higher has further to run.
KenGen rallied 6.9306% to close at 10.80 and was trading at limit up 11.10 +9.9% at the closing bell. KenGen is +22.272% in 2013 and this is a 17-month closing high.
Kenya Power firmed 1.175% to close at 17.20 BAT traded a 100 shares at 540.00 +1.89% and set a fresh all time closing high. BAT is +9.979% in 2013. Sameer firmed 3.26% to close at 4.75 and traded 47,000 shares. Mumias Sugar eased 1.01% to close at 4.90 and traded 1.977m shares.
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