Nairobi Securities Exchange(NSE) has once again listed Car&General as top price gainer when trading ended at the Nairobi Securities Exchange(NSE) this Wednesday
This is the fifth consecutive time that Car& General has been the top price gainer at the NSE since January 6th, 2022 when its share price rose by 10.1% to KSh 33.70 after selling a volume of 800 shares.
Car & General closed at KSh 37.05 per share, an increase of 9.9% on a volume of 300; rising again by 9.9% to KSh 40.70 on a volume of 200 this Monday.
Yesterday, Car& General share price tose by another 10% to KSh 44.75, placing it again as the day’s top price gainer, on a volume of 700 shares.
At the close of trading this Wednesday, Car&General shares was up by 9.95 to KSh 49.20 on a volume of 100 shares.
Other price gainers were Sasini, which was up 8% to KSh 22.20; Uchumi Supermarkets which was up 4.8% to KSh 0.22 and Flame Tree Group Holdings which was up 3.1% to KSh 1.35.
NSE worst performing counters
The market laggards were led by Standard Group which declined by 9% to KSh 14.10 on a volume of 500 followed by TransCentury which fell by 7.4% to KSh 1.26; Eaagads which declined by 6.5% to KSh 12.90 and HF Group which declined by 4.5% to KSh 3.64.
The NSE 20 Share Index was down 8.73 points to 1896.07 while All Share Index(NASI) shed 1.74 points to stand at 165.84 while the NSE 25 Share Index fell by 41.45 points to stand at 3706.55.
According to data from the NSE, Market turnover declined by 22.7% to KSh 355 Million from the previous day’s KSh 459 Million. The number of shares traded also declined to 10 Million against yesterday’s 12 Million.
The Banking Sector had shares worth KSh 116 Million which accounted for 32.77% of the day’s traded value.
KCB moved 2.2 Million shares valued at KSh 102 Million at between KSh 45.00 and 46.00.
Equity Group shares declined 3.37% to KSh 50.25, moved 155,000 shares valued at KSh 7.7 Million.
ABSA Bank Kenya was up 0.84% to KSh 12.00, moved 245,000 shares valued at KSh 2.9 Million.
Bamburi Cement was the most dominant in the construction and allied sector and moved shares worth KSh 1.4 Million at KSh 37.90
Jubilee Holdings moved 4000 shares worth KSh 1.5 Million at a price of KSh 309.50 to emerge as the top feature in the insurance sector.
Centum moved 210,000 shares valued at KSh 1.5 Million at between KSh 14.40 and KSh 15.40, to dominate activity in the investment sector.
Safaricom was the day’s top mover moving 5.9 Million shares valued at KSh 225 Million changing hands at between KSh 37.75 and KSh 38.30. This represented 63.26% of the day’s traded value.
Other top movers were KCB Group which sold a volume of 2.2 Million shares at the price of KSh 45.45, accounting for 28.8% of the day’s traded value with 95.3% participation by foreign investors.
KPLC moved a volume of 351,800 shares at the price of KSh 1.69 per share while Longhorn Publishers moved 302,200 shares at the price of KSh 4.00, accounting for 0.3% of the day’s overall market activity.
The Secondary Bonds Market had a turnover of KSh 4.7 Billion from 73 deals compared to a turnover of KSh 3.2 Billion in 80 deals at the previous trading session.
The Derivatives market had one contract valued at KSh 38,500 compared to 4 contracts valued at KSh 128,420 concluded at the previous session.