NSE | AIB Axys May 2024 Stock Picks

    Equities Highlights

    On a monthly perspective, the market indices recorded a downward trend with Nairobi All Share Index decreasing by 5.8% m/m.
    Foreigners’ participation declined marginally to 53.0% of the total market activity.

    Equities market turnover decreased 34.7% m/m to KES 7.33Bn in April 2024 from KES 11.22Bn in March 2024.


    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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