Weekly Markets Update | EP 7: Rising Equity Turnover, EABL's Slight Decline, BAT Gains and Dividends, and Kenya Re Hold Recommendations.

<p>In this episode, Hisa Chief Financial Analyst Felix Ochieng discusses the performance of different Indices, global markets, and top counters for the previous week. Equity turnover rose by 21.69%, with KSh 2.47 billion worth of stock traded last week, while the bond market fell by 22.1% with KSh 17.37 billion worth of bonds traded. NASI gained about 0.93%, closing the week at 165.55 bp, the all-share index fell by 0.07%, closing at 1888 bp, while the NSE 25 gained by 0.73%, closing at 3638.57 bp. The gains in NSE 25 and NASI is because of activity, such as declines in EABL by 2.29% due to upward market correction.&nbsp;</p> <p>Highlights</p> <ul> <li>BAT's gained 14.06% following the 2020 results and the 34.3% YoY increase in dividend</li> <li>Sameer topped the gainers list, gaining 20% in price activity, closing at Ksh 3.60.&nbsp;</li> <li>NBV YTD gains stand at 8.4%, declining 10% last week.&nbsp;</li> <li>Gold faced downward pressure because of gains in counters like Bitcoin.</li> <li>Genghis and Faida Investment maintains its long term hold on Kenya Re.</li> </ul>