NSE | AIB Axys March 2024 Stock Picks

    Equities Highlights

    On a monthly perspective, the market indices recorded an upward trend with the Nairobi All Share Indexincreasing by 0.3% m/m.
    Foreigners’ participation rate eased marginally to 60.0% of total market activity.

    Equities market turnover increased 71.5% m/m to KES 4.60Bn from KES 2.68Bn a month prior. 

     

    Stock Coverage Updates

    We have issued our revised 1-year target valuations for all counters in our coverage.

     

     

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    AIB-AXYS Africa Ltd is the fusion of two established companies; AIB Capital Limited and Apex Africa Capital Limited, both with over 25 years of experience in the Securities market. With the solid reputation and experience of the professional teams, we leverage talent and networks to better service businesses and investors looking to capitalize on the African growth story, and its vibrant financial sector.
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