Repercussions following the ongoing terrorist attack launched on the 20TH of September, 2013 on a Mall in Nairobi, finally had a limited impact on first trading day.
The FTSE NSE 15 index and the FTSE NSE 25 index respectively dropped 0.23% and 0.24% on the 23rd of September, putting an end to an upward trend (+2% on both indexes) recorded last week after the FED’s decision to delay its stimulus programme reduction.
The NSE All Share recorded a drop 0.3% to 124.26 driven by the automobile company Car and General (K) Ltd Ord (-6.52%) and the investment company Centum Investment Co Ltd Ord (-6.36%).
Finally, the Shilling unexpectedly ended up 0.18% to 87.6 per dollar on Monday’s session despite falling as much as 0.3% during the day.
The market seems to have reacted “well” to this isolated event as no major panic, or capital moves were identified. Security forces gradually gain control of the situation and market seem to react positively (+0.33% on FTSE NSE Kenya 25 by 11.20 a.m. in Nairobi).
