Market turnover at the Nairobi Securities Exchange (NSE) on Thursday rose to KSh 586 Million from the previous sessions KSh 264 Million. The number of shares traded stood at 17.7 Million against 9.6 Million posted on Wednesday.
A total of 18,152,800 shares in 1,031 deals, corresponding to a market value of KSh 588.9 Million were traded. Compared with the previous NSE trading day (Wednesday, May 20), yesterday’s data shows 87% improvement in volume, 122% improvement in turnover, and 25% improvement in deals.
The current NSE market capitalization is KSh 2.1 trillion.
All indices were down with the NSE 20 share Index losing 5.14 points to stand at 2004.01. All Share Index NASI dropped 1.28 points to settle at 138.66. The NSE 25 Share index lost 34.20 points to settle at 3248.43.
Safaricom recorded the highest volume of 4.4 Million traded shares, followed by Equity (3.73 Million), KCB (3 Million) and Bank of Kigali Group (2.3 Million).
The top gainer was KQ with 9.96% share price appreciation closing at KSh 2.87 per share, followed by NSE (4.42%), Trans Century (4.32%) and Nairobi Business Ventures (3.77%).
On the losing side, TPS Eastern Africa came out last with an end-of-day price depreciation of 9.47% closing at KSh 12.90 per share.
The Banking Sector had shares worth KSh 304.5 Million transacted which accounted for 51.71% of the day’s traded value. Equity Group Holdings was the day’s main feature with 3.7 Million shares valued at KSh 134 Million changing hands at between KSh 35.50 and KSh 37.00. KCB Group was down 2.83% to KSh 36.00 and moved 3 Million shares valued at KSh 108 Million. BK Group declined by 3.23% to KSh 18.00, down from KSh 18.60 registered the previous session with shares worth KSh 41 Million transacted.
In the Commercial & Services, Nation Media Group moved 88,000 shares worth KSh 1.6 Million and closed at KSh 19.00.
The Manufacturing & Allied sector had E.A Breweries closing the day 1.07% lower to KSh 161.25 and moving 586,000 shares valued at KSh 94.5 Million.
B.A.T moved 152,000 shares valued 48.5 Million and closed at KSh 317.50.
In the telcos, Safaricom moved 4.4 Million shares valued at KSh 129 Million at between KSh 28.70 and KSh 29.00; this represented 21.99% of the day’s traded value.
In real estate Stanlib Fahari I-REIT moved 414,000 units valued at KSh 2.4 Million at between KSh 6.00 and KSh 7.00.
The Bond market had bonds worth KSh 1.9 Billion transacted.
In the Treasury Bills market, bids worth KSh 35.8 Billion was received against Ksh 24 Billion offered. This represents a performance rate of 149.3%. The amount accepted was KSh 25.6 Billion.
Bids for the next T-Bill auction of KSh 24 Billion, dated 1st June, 2020, will close on 28th June 2020. The amount realized will be subject to National Treasury’s immediate liquidity requirements.
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