The Nairobi All Share rallied 0.84 points to close at 106.23.The Nairobi All Share has closed at a fresh 2013 and 5+ year high. The Nairobi All Share is +11.986% in 2013.
The Nairobi NSE20 Index rallied 38.63 points to close at 4561.16.The NSE20 Index is +10.355% and this is a 25 month high.This was a monster session at the Securities Exchange with equity turnover of Sh2.143b which is the busiest session I can recallfor a very long time.
Athi River Mining traded 14.447m shares worth 872.076m and rallied 6.19% to an all time high.Kenya Commercial Bank traded 16.467m shares and closed at an all time high.
ScanGroup closed at a fresh all time high.The extreme heavy volume session and the the sharp rally and since the start of the year affirm the bona fides of what is a bullmarket plain and simple.
Safaricom closed unchanged at 5.40 and was trading at 5.45 +0.93% for good size at the closing Bell.
ScanGroup rallied 2.08% to close at 73.50 and a fresh all time closing high. ScanGroup is +7.299% in 2013 and traded 27,700 shares. There was buy side demand for 681% more shares than were traded during the session. ScanGroup trades on a trailing PE of 28.82 and 80.00 looks achievable on momentum alone.
Kenya Commercial Bank firmed 0.72% to close at 35.00 and set a fresh all time closing high. Kenya Commercial Bank is +17.647% in 2013 and today traded 16.467m shares worth 576.353m.
Standard Chartered rallied 1.512% to close at 269.00 and traded 9,900 shares. Standard Chartered is +14.468% in 2013 and this is a 23 month closing high.
CFC StanBic Bank rallied 5.263% to close at 45.00 while Barclays Bank firmed 0.93% to close at 16.35 and traded 2.128m shares worth 34.825m. Barclays Bank is +3.809% in 2013 and trades on a trailing PE of 11.0013.
Equity Bank firmed 0.93% to close at 27.25 and traded 1.17m shares worth 31.906m.
NIC Bank rallied 4.07% to close at 44.75 and just 0.55% below an all time closing high reached on the 17th and 18th of last month.
Housing Finance rallied 4.35% to close at 19.20 and traded 126,800 shares worth 2.435m. Housing Finance is +24.27% in 2013 and this is a 17 month closing high. Housing Finance trades on a 7.111 trailing PE.
Athi River Mining rallied 6.19% to close at 60.00 and a fresh all time closing high. ARM has rallied +34.529% in 2013 and since its shares were split 5 for every 1 held.
Bamburi Cement rallied 2.87% to close at 215.00 a 29 month high while Portland Cement improved 1.15% to close at 44.00 on light trading of 700 shares.
EABL traded 3rd at the exchange and closed unchanged at 307.00 which is a record high.
KenGen firmed 0.8% to close at 12.55 and traded 434,000 shares and Kenya Power KPLC firmed 0.27% to close at 18.50.
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