Market capitalization dropped to KSh 2,212.50 billion yesterday compared to KSh 2,204.4 billion when markets opened this Monday. Total Shares traded were 7,488,700 a drop from 14,313,200 that was transacted the previous day. Equity turnover also fell to KSh 326, 265, 781 yesterday compared to KSh 430,109,672 the previous day.
The biggest gainer was CFC, whose shares rose by 7.8 percent to trade at KSh 10.50, followed by Standard Group Limited, whose share prices were up 6.86 percent to trade at KSh27. Among the losers were I&M Bank which lost 7.42 percent of its price to trade at KSh 44.95. Equity Bank shares also fell to trade at KSh36.25 having lost 3.33 percent of its value.
Safaricom was the biggest mover, trading 1,733,300 shares in volume followed by Co-operative Bank with a volume of 1,462,800 shares, Equity Bank with 1,441,900 and KCB Group trading a volume of 1,094,000 shares.
The NSE 20 Share index was 2,432.54 yesterday compared to 2426.23 the previous day.
In the currency market, the Kenya Shilling strengthened against the US dollar to trade at a mean rate of KSh103.78 to the US dollar with trader buying the greenback at Sh 103.68 and selling at Sh103.88.
This is compared to the previous day when the local unit was trading at a mean rate of Sh 103.79 to the dollar, buying at Sh 103.69 and selling at Sh 103.89
