Compared to last quarter, the portfolio is up 0.13% while the NSE 20 share index is down by 5.25% since November 2013.
Bralirwa (Rwanda) ↓
Centum (ICDCI) ↑
Diamond Trust ↑
East African Portland Cement ↓
Equity Bank ↓
Kenya Airways ↓
Kenya Oil ↓
Stanbic (Uganda) ↑
Increase: Kenya Airways
Decrease: Diamond Trust
Best performer: Centum (up 22% this quarter), then Diamond Trust (14%), Safaricom 6%
Worst performer: Scangroup (down 15% this quarter), then Kenya Airways (-14%), KCB (-10%)
Looking Forward To
– Bank profits & dividends, though it’s going to be a rough year
– Diamond Trust rights issue.
– More M&A deals that involve listed companies like Centum.
– The downward trend echoes back to 5 years ago when every share was down, and Diamond Trust was the best performer by only losing 8%. Since then, it is up 229%.