Market Report 1st August 2016
The Nairobi Securities Exchange opened the month with a total of 34.9M shares valued at Kes.746M, against 19M shares valued at Kes.371M posted on Friday. The NSE 20 Share Index was down 28.08 points to stand at 3460.60, this was last spotted in April 2012.
Telecommunication & Technology
Safaricom touched an all-time high of Kes.19.55 before easing back to close the day at Kes.19.40 on a volume of 17.3M shares,this represented 49.79% of the day’s traded volume. The counter’s market capitalization at the NSE ended at Ksh 765.25 Billion representing 37% of the total market of NSE (Ksh 2,056.470 Billion).
Banking
The Banking Sector had 8M shares traded and represented 22.99% of the day’s traded volume. Co-op bank was busy moving 4M shares at between Kes.14.50 and Kes.14.75. Equity Group Holdings down fifty cents to Kes.37.50 had 3.3M shares traded. Standard Chartered Bank Kenya moved 264,000 shares and closed at Kes.209.00.
Commercial & Allied
The Commercial & Allied Sector had 358,000 shares traded and accounted for 1.03% of the day’s traded volume. Kenya Airways moved 161,000 shares at between Kes.3.90 and Kes.4.15.
Energy & Petroleum
The Energy & Petroleum Sector had 8M shares traded and accounted for 23.03% of the day’s traded volume. Umeme actively traded 7.6M shares at a fairly stable price of Kes.15.00.
Insurance
The Insurance Sector had 639,000 shares traded and represented 1.83% of the day’s traded volume. Kenya Re moved 433,000 and closed at Kes.19.65.
Manufacturing& Allied
Manufacturing & Allied Sector moved 267,000 shares, which accounted for 0.77% of the day’s traded volume. Mumias Sugar down five cents to Kes.1.20 moved 176,000 shares.
FIXED INCOME SECURITIES MARKET SEGMENT (FISMS).
BONDS The Bond market had bonds worth 1.4bn transacted.
Source of Data; NSE
