|Wednesday 27th of February 2013
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0930-1500 KENYA TIME
Normal Board - The Whole shebang
Prompt Board Next day settlement
Expert Board All you need re an Individual stock.
The Latest Daily PodCast can be found here on the Front Page of the site
Kenya Inc. Manifestoes, Dreams and Real Life The Star
@JohnGithongo and @MaggieIreri at Mindspeak RICH TV
The Teenagers have been participating at a Model United Nations
Program at the UN in Gigiri. And as we drop them off both the Wife and
I suddenly find ourselves thinking Oh My Haven't they grown up and we
can hardly believe that those Two Young Girls have suddenly turned
into Women. And The Two of Us feel a lot older and then I find myself
wanting to hold onto my Hannah who is 6 and trying to stop Time from
passing and dead in its Track. Of Course, Hannah has somehow managed
to have both Nishet and I communicate with her as if she were the same
age as we are. Occasionally, She can get very cross, very cross indeed
and Nishet tells her to do her Pranayama which is a breathing Exercise
and I find myself talking to her as if she were my Grandmother, very
softly and gingerly and telling her Stress is not a good thing. And
sometimes She wants to get rid of her Parents and tells us as much and
I want to tell her that Its called a STOP LOSS and Please do not
exercise that Option.
Margaret Morton, “Bernard the Tunnel” (1993).
“Between 1991 and 1996, I photographed the homeless individuals who
lived in the tunnel that stretches for two and a half miles beneath
Riverside Park,” Morton told me. “Bernard Isaac, who made his home in
the tunnel for eleven years, was known by many of the forty-five
members of this underground community as Lord of the Tunnel. ‘The
Tunnel’ is a book of my photographs and oral histories of the
residents and the homes that they created for themselves underground.”
US Senate approves Chuck Hagel as Obama's next secretary of defense Guardian
Law & Politics
After one of the lengthiest and most bitter confirmation fights in
recent history, the Senate on Tuesday voted to confirm Chuck Hagel as
president Barack Obama's next secretary of defense.
The Republican former senator from Nebraska and decorated Vietnam
veteran will now replace Leon Panetta as head of the Pentagon at a
time when America is seeking to draw down its ground forces in
Afghanistan but ramping up its controversial drone warfare across the
The Continued CrossFire from the Republicans was in danger of
impugning The Republicans and whose National Interest they were
It was a well Laid Trap laid by @BarackObama.
ICC prosecutors see Kenyatta trial delayed to August Reuters
The trial of Kenyan presidential candidate Uhuru Kenyatta for crimes
against humanity is unlikely to begin until August, international
prosecutors said on Tuesday, a delay that would leave him freer to run
in the election's second round.
"The Prosecution recognizes that logistical constraints such as
courtroom availability make a trial on 11 April 2013 unlikely," the
prosecution said in a filing on Tuesday.
It said it did not object to a "reasonable" adjournment, acknowledging
August as a workable target.
ICC judges have not yet agreed to any postponement of the trial.
This was expected.
Law & Politics
"...To put it in a terminology that harkens back to the more brutal
age of ancient empires, the three grand imperatives of imperial
geostrategy are to prevent collusion and maintain security dependence
among the vassals, to keep tributaries pliant and protected, and to
keep the barbarians from coming together."
Currency Markets at a Glance WSJ
Euro 1.3058 euro 0.3% from a seven-week low Moody’s Investors Service
labeled Italy’s hung parliament “credit negative''
Dollar Index 81.87
Japan Yen 91.78
Swiss Franc 0.9327
Pound 1.5105 Going a lot lower in my View
Aussie 1.0222 touched 1.0201, the lowest since Oct. 10.
India Rupee 53.905
South Korea Won 1084.60
Brazil Real 1.9836 djfxtrader: #Brazil's Mantega: Brazilian Currency
Exchange Rate Has Stabilized
8 hrs ago
Egypt Pound 6.7366
South Africa Rand
Euro versus the Dollar 3 Month Chart 1.3075 Last [ touched $1.3018,
the weakest since Jan. 7 yesterday]
The euro has lost 3.8 percent so far this month, snapping six months
of gains. That’s the longest winning streak since the seven months
that ended in November 2009.
Italy will seek to sell as much as 4 billion euros ($5.2 billion) of a
new 10-year bond today and 2.5 billion euros of a 5-year benchmark
note. Yesterday, Italian 10-year bond yields climbed 41 basis points
to 4.88 percent.
“These Italian elections are further evidence that Europeans are a bit over this whole austerity phase,” said Stan Shamu Bloomberg
Investors fret that Italy may undermine ECB backstop Reuters
[Essentially The Euro Tail Risk has been repriced]
Dollar Yen 5 Day Chart INO 91.74 Last
The yen has risen 3.2 percent in the past week, paring its drop this
year to 3.7 percent, according to Bloomberg Correlation Weighted
Indexes which track 10 developed nation currencies.
Bernanke Affirms QE Pace While Dismissing Balance Sheet Concerns Bloomberg
Federal Reserve Chairman Ben S. Bernanke signaled the Fed is prepared
to keep buying bonds at its present pace as he dismissed concerns
record easing risks sparking inflation or fueling asset price bubbles.
“We do not see the potential costs of the increased risk- taking in
some financial markets as outweighing the benefits of promoting a
stronger economic recovery,” Bernanke said yesterday in testimony to
the Senate Banking Committee in Washington. Inflation is “subdued,”
and will probably stay at or below the Fed’s 2 percent goal, he said.
Bernanke pushed back against colleagues on the Federal Open Market
Committee who favor curtailing the $85 billion in monthly bond-buying
amid concern about the growth of the Fed’s record $3.1 trillion
balance sheet. Stocks rose on expectations continued stimulus would
fuel the expansion and as reports showed gains in home prices and
“I don’t think they are anywhere near saying they have to taper the
purchases now,” said Roberto Perli, managing director in charge of
policy research at International Strategy & Investment Group in
Washington and a former economist at the Fed’s Division of Monetary
“We could exit without ever selling by letting it run off,” or holding
an asset to maturity, Bernanke said.
I said he would push back.
Dollar Index 3 Month Chart INO 81.826 Last
Sterling 3 Month Chart INO 1.5084 Last
Brazil Real 1 Year Chart INO 1.9809 Last
djfxtrader: Brazil Finance Minister Mantega tells WSJ Brazil's real is
at "a level that we can live with"
djfxtrader: #Brazil's Mantega Tells WSJ: Wants Exchange Rate 'to
Function More Freely'
djfxtrader: #Brazil's Mantega Tells WSJ: Central Bank Has Independence
to Raise Rates if Necessary
djfxtrader: #Brazil's Mantega Tells WSJ: Central Bank Was 'Correct' to
Lower Rates to 7.25%
djfxtrader: #Brazil's Mantega: New Currency Measures Are 'Not Necessary'
Mantega is signalling They are comfortable with where the Currency is.
I think 2.00 is now the Pivot. Therefore, I think the Real is a Buy
and You run the Carry.
Nairobi, Kenya - June 18, 2012 CCTV "I think they finally woke up. I don't know when the penny dropped'' Aly-Khan Satchu
Nairobi, Kenya - June 18, 2012
Wide of cityscape
Mid of city
Mid of building
Various of vehicles driving on street
SOUNDBITE (English) Aly-Khan Satchu, investment adviser of Rich
Management, Nairobi Stocks Exchange authorized data vendor: "I think
they finally woke up. I don't know when the penny dropped, but I think
dropped in the last 18 months."
SOUNDBITE (English) Aly-Khan Satchu, investment adviser of Rich
Management, Nairobi Stocks Exchange Authorized Data Vendor:
"For a long time, you know, we had too much supply for the global
market but there wasn't much demand, then China came along and
increased the demand and it was that increasing demand that has lifted
our economy in the last 10 years."
Various of Chinese workers in Africa
Mid of board showing increase of China-Africa trade volume from 1992 to 2011
SOUNDBITE (English) Aly-Khan Satchu, investment adviser of Rich
Management, Nairobi Stocks Exchange Authorized Data Vendor:
"And now everybody in Washington is going hang on a second, you know:
How do we reverse this process? How do we repel the Chinese? And
essentially I think this document, which is a very interesting one,
but I think it's a veil for the awareness by the US and its allies."
SOUNDBITE (English) Aly-Khan Satchu, investment adviser of Rich
Management, Nairobi Stocks Exchange Authorized Data Vendor: "It's a
very complex collision and I think if it's a game of money, then China
wins because China is the banker. But if it's a game of using hard
power, America is going to win it in the short term."
On Terror's New Front Line, Mistrust Blunts U.S. Strategy WSJ
KUMBOTSO, Nigeria—The shooting clattered on for 30 minutes, residents
of this dusty town say, and when it ended, four militants holding a
German engineer hostage were dead.
So were the engineer, and four innocent bystanders.
In vast West Africa, a new front-line region in the battle against al
Qaeda, Nigeria is America's strategic linchpin, its military one the
U.S. counts on to help contain the spread of Islamic militancy. Yet
Nigeria has rebuffed American attempts to train that military, whose
history of shooting freely has U.S. officials concerned that soldiers
here fuel the very militancy they are supposed to counter.
It is just one example of the limits to what is now American policy
for policing troubled parts of the world: to rely as much as possible
on local partners.
The U.S. and Nigerian authorities don't fully trust each other,
limiting cooperation against the threat. And U.S. officials say they
are wary of sharing highly sensitive intelligence with the Nigerian
government and security services for fear it can't be safeguarded.
Nigerian officials concede militants have informants within the
government and security forces.
For the U.S., though, cooperation with Nigeria is unavoidable. The
country is America's largest African trading partner and fifth-largest
oil supplier. Some 30,000 Americans work here. Nigeria has by far the
biggest army in a region where al Qaeda has kidnapped scores of
Westerners, trained local militants to rig car bombs and waged war
across an expanse of Mali the size of Texas. Last month, al
Qaeda-linked extremists' attack on a natural-gas plant in faraway
Algeria left at least 37 foreigners dead.
Such kidnappings, like the attack in Algeria, show how extremist
groups are leapfrogging borders.
Boko Haram has fought alongside the regional al Qaeda affiliate known
as al Qaeda in the Islamic Maghreb, or AQIM, according to residents of
Mali. Hundreds of self-identified Boko Haram fighters last year
learned to fire shoulder-mounted weapons at an AQIM-affiliated
training camp in Timbuktu, Mali, said a cook who fed them and
neighbors who watched them. Boko Haram leader Abubakar Shekau spent
much of last year in Mali, according to a senior Nigeria security
In Boko Haram "you have a group that's becoming increasingly efficient
and one that al Qaeda, AQIM, can use down the road,'' said John
Giacalone, a Federal Bureau of Investigation special agent in New York
who oversees counterterrorism work in Africa.
"It can't just be the United States. It can't just be Europe. It's got
to be the African nations as well joining in this effort," departing
Defense Secretary Leon Panetta said in an interview.
The new national-security team President Barack Obama has chosen is
expected to embrace a light-footprint approach that relies on special
forces, drones and local partners to combat terrorism, officials say.
John Campbell, a former U.S. ambassador to Nigeria, said Nigeria is
the African country of the greatest strategic importance to the U.S.,
but has sought to keep the American military at arm's length. "The
Nigerians regard themselves as the hegemons of West Africa, and they
are traditionally suspicious of other powers involving themselves,"
said Mr. Campbell, now a senior fellow at the Council on Foreign
Doyin Okupe, senior special assistant to Nigerian President Goodluck
Jonathan, agreed that "Nigeria sees itself as a regional power in
Africa. It's the dominant force, really. Nigeria is a very proud
nation. We feel that to subjugate our military under another world
power would be to really compromise our integrity."
After a Nigerian recruited by an al Qaeda branch tried to blow up an
airliner approaching Detroit on Christmas 2009, the U.S. ramped up its
approach. Since the thwarted attack, the U.S. has been working with
Nigeria on creating an "intelligence fusion center" for rapid sharing
of information collected by various Nigerian security services, say
State Department officials.
Nigeria Police Force Order 237 allows officers to shoot anyone "who
takes to flight in order to avoid arrest" and lets the police decide
what constitutes avoiding arrest. The country's National Human Rights
Commission estimates the police kill 2,500 Nigerians each year. By
comparison, Boko Haram has killed around 2,000 in the four years since
the once-obscure group grew into an insurgency, New York's Human
Rights Watch estimates.
The local nickname for a branch called the Mobile Police is "Kill and Go."
"Military and police heavy-handedness in the north is core to the
story of Boko Haram's emergence," said Michael Woldemariam, a
professor of African security studies at Boston University. "You can't
discount the effects of the state's brutality in the north."
Nigerian soldiers arrived in Mali last month; Nigeria is a country the
U.S. is relying on to help contain spreading Islamic militancy in West
Abubakar Shekau leader of Nigerian militant group Boko Haram
ALY-KHAN SATCHU Wrote: (your comment)
Taking a broader Sweep, it is clear that the United States and
@USAfricaCommand has carved out a much more forward Position on the
African Continent. In some respects, @BarackObama 's Pivot to Asia
detours through Africa. China has made a Parabolic Advance across the
African Continent and one of the 'desired' Side Effects of staunching
the 'Al-Qaeda' Advance is that it also counters the Chinese Advance
via The Insertion of US Hard Power. The US cannot challenge China's
Extreme Dollar Diplomacy but it can insert Hard Power with which it
can tilt the African Pitch.
I do not underestimate the Asymettric Challenge that Al-Qaeda and its
various indigenous and Home Grown Franchises pose but lets at least be
clear about one thing. 'Al-Qaeda' is oftentimes a convenient Veil.
Al-Qaeda in Nigeria and in West Africa have evidently located
themselves in the wrong Place. If they were in Syria, They would be
our Best Friends and characterised as Freedom Fighters fighting a Just
War against an Evil Dictator.
Now returning to Africa and although @USAfricaCommand was set up under
a Previous President's Watch, I think the Penny dropped [re China's
extraordinary Surge in Africa] only quite recently or in the last 24
Nigeria is evidently the Elephant in the Room when it comes to West
Africa. Zbigniew Brzezinski [whom I admire and I believe is a Foreign
Policy Eminence Grise and has @BarackObama's Ear] once said that ''
the three grand imperatives of imperial geostrategy are to prevent
collusion and maintain security dependence among the vassals, to keep
tributaries pliant and protected, and to keep the barbarians from
It seems to me that the Nigerians are not keen on the 'security
dependence' Piece. They will essentially have to fall into Line with
US Imperatives and lose their Freedom of Manouevre. Its worth
recalling that the AU was not keen on the toppling of Muammar Gaddafi
and that was a classic Example where the US' Imperatives did not chime
with the Africans or by extension the Nigerians. Now with the US
parked right next door in Niger, the Decision Moment is fast
approaching. It seems to me inevitable that the Role chosen for
Nigeria by the US is one that Nigeria will not be able to repel for
I think the interesting Point is how Africa has now become Front and
Centre of the Geopolitical Global Puzzle and the Collision between US
Hard Power and China's Soft Power.
The US is asking Nigeria to choose sides. It will surely pose the same
Question to many more Countries in short order.
Angola plans to join eurobond rush BeyondBrics
2012 was a great year for frontier-market hard-currency bonds, and
Angola hopes to get in on the action in 2013. The oil producer
announced on Friday plans to raise $1bn from a debut eurobond issue
later this year.
Low yields on developed-market bonds have led investors to look
further afield to achieve returns, providing opportunities for
frontier economies to borrow cheaply from international capital
No doubt the Angolan government has been following with interest the
fortunes of its neighbour to the east, Zambia, which made its eurobond
debut in September with a $750m issue that was 15 times
Angola’s late arrival to the party would follow two previous aborted
efforts: in 2009 falling oil prices dented the government’s budget and
scuppered plans for a $4bn issue, and a $500m issue planned for 2011
was also abandoned.
They’ll be hoping for third time lucky, and now seems like an
opportune time, Stuart Culverhouse, chief economist at Exotix, said to
beyondbrics, “There is huge demand for frontier debt but a relative
dearth of African issues so this will be well received.”
“Angola has got a BB- credit rating [from Fitch and Standard and
Poor's], which in frontier market terms is reasonably solid. Who knows
when the liquidity will turn on a global level, but right now they
have the ability to lock in borrowing at low rates.”
Angola has been growing fast for a decade on the back of booming oil
production. Growth in 2012 was 7.4 per cent, and the government
expects it to be 7.1 per cent in 2013. Providing oil prices don’t
crash dramatically, the pattern will likely continue.
However, as a recent note from Capital Economics suggests, the medium
term outlook for Angola contains some grounds for caution on the part
… we are considerably more cautious on the country’s medium-term
prospects. This stems from an over-reliance on the hydrocarbons
sector. This is likely to present a major problem for policymakers in
10 to 15 years time (when oil production is expected to pass its
peak), especially as other sectors of the economy remain
underdeveloped … Furthermore, the poor quality of governance in Angola
is another reason why we expect the country to underperform in the
medium term. Indeed, rising levels of social inequality and a lack of
progress towards a multi-party electoral system over the past decade
do little to suggest that governance is improving, in contrast to the
much of the region.
“Compared to Zambia,Ghana and other African countries which have
issued eurobonds, Angola is not as transparent in terms of its policy
process”, Culverhouse said. “There may be a premium on the opacity,
but with reserves of $30bn their basic ability to pay is sound, so I
expect a tight yield.”
Zambia’s 10 year dollar denominated bonds were priced with a yield of
5.375 per cent when they were issued in September, and their current
bid yield is 5.39 per cent. Culverhouse expects the Angolan bond yield
at issue to be lower at around 5 per cent, due to Angola’s higher
credit rating and the stronger liquid position of the government.
Details of when exactly the issuance will go ahead have yet to be
disclosed, but the proceeds will go towards funding a 3.4 per cent
fiscal deficit which is expected to open up this year, Reuters
Although the Angolan state achieved a large budget surplus last year a
new budget passed earlier this month by the MPLA government, which is
led by president Jose Eduardo dos Santos, will raise public spending
by over a quarter with new investment in infrastructure and social
Aly-Khan Satchu | February 26 11:33am | Permalink
It really remains ridiculous in my View that Angola carries a BB-
Rating. The Ability to Pay is considerably greater than a number of
Developed Countries who have higher Grades. What is interesting,
however, is that Credit Spreads in particular Africa Sovereign Credit
Spreads have become a great deal more efficient and discerning.
Aly-Khan Satchu Nairobi http://www.rich.co.ke
Shantayanan Devarajan chief economist of the World Bank for Africa has
talked recently of “Africa’s statistical tragedy” FT
Poor Numbers is an important contribution to the subject. Morten
Jerven, an assistant professor at the school for international studies
at Simon Fraser University, Vancouver, builds the case for renewed
scrutiny. Pointing to “huge discrepancies and alarming gaps” in
African figures, he writes: “Datasets are like guns. Someone will use
them if they are left lying around.”
Employment in #Africa is the biggest challenge in #Africa @Shanta_wb
@worldbanklive #FPDFORUM Twitpic
South Africa’s Economy Expands 2.1% in Fourth Quarter Bloomberg
Gross domestic product rose an annualized 2.1 percent from 1.2 percent
in the third quarter, Statistics South Africa said in a report
released today in Pretoria, the capital. The median estimate of 20
economists in a Bloomberg survey was for growth of 1.7 percent. The
economy grew 2.5 percent for the whole of last year, down from 3.5
percent in 2011.
Mining strikes cost the economy more than 10 billion rand ($1.1
billion) in lost output and exports and shaved about 0.5 percentage
point off GDP last year, according to estimates from the National
Mining fell an annualized 9.3 percent in the fourth quarter, while
electricity slumped 2.2 percent, the statistics agency said.
Manufacturing expanded by 5 percent, agriculture by 10 percent,
finance by 2.9 percent and transport by 1.9 percent.
That was better than expected.
Dollar versus Rand 3 Month Chart INO 8.8416 Last
Egypt Pound versus The Dollar 3 Month Chart INO 6.7404 Last
The Official Closing Data from the Nairobi Securities Exchange has
been delayed, apparently.
The Stock Exchange traded 637.252m of Turnover.
The Indices have evidently closed higher.
The Exchange was a Sea of Blue today.
The Equity Markets are like a coiled Spring and just waiting for a
Green Light from the Politics.
Kenya Power and KenGen released H1 Results and I will take a look overnight.
N.S.E Equities - Commercial & Services
Safaricom traded 3rd at the Securities Exchange and rallied 1.77% to
close at 5.75 and traded 8.012m shares worth 46.059m. Safaricom had
Buy Side Demand for 475% more shares than were traded during the
Session at the Closing Bell. Safaricom is +13.861% in 2013 and within
0.862% of its Jan 9th Closing High of 5.80 which was a 30 Month
Closing High. Safaricom is set to test and cross that Level in short
Safaricom share price data here +13.861% 2013.
Access Kenya rallied 6.9% to close at 6.20 and traded 182,400 shares.
Access Kenya is +40.909% in 2013.
Access Kenya share price data here +40.909% 2013
Kenya Airways closed unchanged at 10.65 and traded 175,400 shares. The
Skew here is for Positive News and The current Price will look a
Bargain in 12 months time.
N.S.E Equities - Finance & Investment
Kenya Commercial Bank eased back 1.91% to close at 38.50 after
yesterdays 6.08% Up Move to a Record Closing High. Kenya Commercial
Bank is reporting FY Earnings tomorrow. Kenya Commercial Bank traded
1.038m shares worth 40.121m and is +29.411% in 2013.
Kenya Commercial Bank share price data +29.411% 2013
Equity Bank traded 4th at the Securities Exchange. Equity Bank rallied
3.736% to close at 27.75 and was trading at 28.00 +4.67% at the Finish
Line. Equity Bank traded 1.596m shares worth 44.57m and had a Buy
versus Sell Side Imbalance in the Ratio of 27 versus 10 at the Finish
Line. Equity Bank is +16.8421% in 2013 and set to test its 23 Month
Closing High of 28.00 from the 15th of this Month.
Equity Bank share Price data here +16.8421% 2013
Barclays Bank firmed 0.615% to close at 16.35 and was trading at
session Highs of 16.45 +1.23% at the Finish Line. Barclays Bank traded
1.472m shares worth 24.060m and Investors are supporting the Price and
reaching for the 70c Final Dividend which is worth 4.281% of Yield on
the Closing Price.
Standard Chartered eased 0.3773% to close at 264.00 and traded 47,600
shares. Standard Chartered was trading Session Highs of 268.00 +1.13%
at the Closing Bell. Standard Chartered will cross 300.00 after the
Release of its Full Results and a Subsequent predicted and predictable
TranCentury rallied 1.89% to close at 27.00 and traded 1.107m shares
worth 29.889m. Transcentury is +14.89% in 2013, holds a material Stake
in EA Cables which reported strong FY Earnings this week and was
probably the Catalyst for todays Action. Transcentury also holds a
Stake in The Railways, trades on a Trailing PE of 21.95 and
accelerated H1 PBT +241.16%.
Transcentury share price data here +14.89% 2013
N.S.E Equities - Industrial & Allied
EABL was the most actively traded share at the Securities Exchange and
firmed 0.36% to close at 280.00 and traded 1.072m shares worth
300.759m. EABL has traded 4.601m shares over the last 3 Sessions,
which is material and noteworthy. EABL is +5.66% in 2013, reached an
All Time High of 315.00 on Feb 13th and just before the Release of its
Half Year Earnings and has corrected 11.11% off that Closing High. The
High Volume Action over the last 3 Sessions confirms that Buyers are
using the Retracement to absorb Supply. We will see Fresh All Time
Highs this Year. The Headline H1 Numbers where H1 PBT declined
13.088455% veiled a Muscular underlying Story where EABL is doubling
down on Growth.
EABL share Price data and H1 Earnings here +5.66% 2013
BOC Kenya traded 599,900 shares [some 3.071% of its Shares and a
material Position worth 59.99m and all at 100.00. BOC Kenya is +0.50%
in 2013. BOC Kenya trades on a Trailing PE Multiple of 12.97 and
accelerated H1 PAT +57.192%.
BOC Kenya share price data here +0.5% 2013
Par Value: 5/-
Closing Price: 100.00
Total Shares Issued: 19530000.00
Market Capitalization: 1,953,000,000
KenGen has released H1 Earnings after the Closing Bell today. I will
analyse them overnight. KenGen rallied 5.603% today to close at 12.25
and traded 342,400 shares. KenGen is +39.204% in 2013.
KenGen H1 Earnings Release here
Geothermal OlKaria IV Kenya Twitpic
Kenya Power KPLC closed unchanged at 16.80 and traded 478,300 shares.
Kenya Power has reported FY Earnings after the Closing Bell and I will
take a Deep Dive into them overnight.
Kenya Power releases H1 Earnings here
East African Cables rallied 8.72% to close at 14.95 and traded 55,500
shares. Cables has rallied sharply after releasing its FY Earnings.
BAT rebounded 1.34% to close at 530.00 and traded 22,200 shares. BAT
is +7.94% this Year and 1.85% below a Record Closing High reached
Athi River Mining closed unchanged at 62.00 and traded 172,200 shares.
Athi River Mining is +39.0134% in 2013 and 0.80% off a Record High.
Bamburi Cement and East African Portland Cement did not trade.