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    Limuru Tea is Top Price Gainer at NSE

    Jackson
    By Jackson Okoth
    - December 21, 2021
    - December 21, 2021
    Kenya Business newsManufacturingMarkets
    Limuru Tea is Top Price Gainer at NSE

    Limuru Tea was the day’s top price gainer at the Nairobi Securities Exchange(NSE), its share price rising by 9.84% to KSh 335.00 from the previous KSh 305.00.

    Limuru Tea begun the year with a share price of KSh 360.00 but has since lost 6.94% off that price valuation, ranking it 38th on the NSE in terms of YTD performance.

    The listed tea firm was followed by Sasini which was up 8.13% to KSh 21.95; EABL which gained 7.12% to KSh 161.75; East African Cables Limited which gained 6.61% to KSh 1.29; Nation Media which was up 5.54% to KSh 20.00 and Eveready which gained 2.97% to KSh 1.04.

    The worst performers were led by Williamson Tea, which slumped 6.86% to KSh 129.00 followed by HFCK, Britam, Olympia Capital Holdings, TransCentury and Liberty Kenya Holdings which was down 3.31% to end at KSh 7.00.

    Safaricom was the day’s top mover with 4.4 Million shares traded followed by KPLC (425,000), Absa Bank (298,100) and Equity Group Holdings (205,600).

    The NSE All Share Index(NASI) moved up 0.83 points to close at 164.92 while the NSE 20 Share Index was up 0.28% to 1871.02. The NSE 25 Share Index was up 0.9% to 3670.42.

    A total of 6.8 Million shares were traded in 806 deals resulting in an equity turnover of KSh 230 Million, a 57% decline.

    The Secondary Bonds market had a turnover of KSh 3.4 Billion from 84 deals compared to a turnover of KSh 1.3 Billion in 61 deals the previous day.

    The Derivatives market had 33 contracts concluded valued at KSh 1,254,700 compared to lack of activity the previous day.

    ALSO READ:Limuru Tea Plc cuts H1 Net Loss to KSh 8.6 Million

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