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Banking Sector
The Banking sector has recorded low share prices since the start of June as a result of withdrawn divided payments and loan restructuring. This might be the perfect time to invest in banks.
Manufacturing Sector
In the Manufacturing sector, companies have recorded an imbalanced performance as they try to play out their distribution strategies to consumers.
The benchmark NSE All-Share Index [NASI] gained 0.02 points close at 144.92. The NSE 20 Share Index dropped 32.43 points to close at 1971.93 The NSE 25 Share Index gained 4.04 points to close at 3344.27 ~ Kenyawallstreet
Insurance Sector
The Insurance sector has recorded a balanced performance since the start of May.
Commercial Sector
The Commercial Sector has recorded a downward trend for the past 3 months due to the COVID-19 precautions that have resulted in the less physical contact with the consumer. Companies are switching to digital ways of selling their products with eBooks and eNewspapers.
Agricultural Sector
The Agricultural Sector has recorded an upward trend in the month of June due to increase in international cargo exports in the country.
Telecommunication Sector
In the Telecommunications Sector, the country's monopoly firm Safaricom has been on an upward trend since April due to strategic decisions such as the full purchase of the M-Pesa brand leading to increased foreign investor confidence.
Investing Sector
In the Investing Sector, Centum has had an average performance compared to the current struggling economic conditions. This can be attributed to the rise in buy and sell of real estate since the start of June.
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