On Wednesday April 6, The Nairobi Securities Exchange traded some 5 Million shares valued at Kes. 141 Million in 1,023 deals, down 84.24% from the previous day’s 34Million shares.
The benchmark NSE 20 Share Index gained 13.37 points to touch 4030 points while The Nairobi All Share Index (NASI) was up by 0.15 points higher to stand at 146.88.
The above rally of the Index was supported by Britam Holdings which advanced by 3.57% pushing the Main Index by Index up 0.33% and moved 255,000 shares to hit a 2016 high of Kes.14.00 as seen from the chart below;
Foreign investors assumed a net selling position by accounting for 42.1% of total market sales and 27.2% of total market purchases. Safaricom, Umeme, Standard Chartered Bank and I&M Bank accounted for 68.26% of turnover.
The Central Bank Of Kenya Governor today held a press briefing and here is the summary of the briefing; CBK Governor asks Investors to raise questions on NPLs during AGMs