The Nairobi Securities Exchange(NSE) recorded a more than four-fold increase in Equity Turnover to KSh 654 Million when trading ended at the bourse today.
This is compared to a market turnover of KSh 130 Million the previous day with 16 Million shares changing hands compared to Monday’s 4.4 Million shares.
The erratic turnover figures at the NSE can be seen against an upcoming 19-year infrastructure bond auction, scheduled for this week.
Safaricom was the day’s prime mover with a volume of 11.46 Million changing hands followed by Equity( 1.84 Million), Co-operative Bank( 651,000) and Stanbic Holdings( 530,000).
The Secondary Bonds Market had a turnover of KSh 2,049,250,000 from 62 deals this Teusday compared to a turnover of KSh 1,937, 300,000 from 73 deals at the previous sesssion.
The Derivatives Market had 11 contracts worth KSh 384,310 concluded compared to 17 contracts valued at KSh 711,000 at the end of the previous trading session.
KenGen which was the main feature in the Energy and Petroleum sector moved 268,000 shares worth KSh 1 Million at a steady price of KSh 3.99.
In the investment sector, Centum traded 93,000 shares valued at KSh 1.3 Million at between KSh 13.85 and KSh 14.25
EABL was the most active in the manufacturing and allied sector and sold 305,000 shares worth KSh 48 Million at a stable price of KSh 160.00
The Banking Sector moved shares worth KSh 170 Million, which accounted for 26.115 of the day’s traded value. Equity was the most active in this segment and sold 1.8 Million shares valued at KSh 97.8 Million at prices of between KSh 53.00 and KSh 53.50. Stanbic sold 530,000 shares valued at KSh 50 Million on a and closed the day at the price of KSh 94.50. KCB had a turnover of KSh 9.8 Million, its share price remaining steady at KSh 45.95
Safaricom was the day’s main feature with 11M shares valued at KSh428Million changing hands at between KSh 37.00 and KSh 38.50; representing 65.40% of the day’s traded value.
The NSE 20 Share Index was down 6.93 points to 1896.24 while the NSE All Share Index lost 2.11 points to 165.03. The NSE 25 Share Index shed 31.21 points to end the day at 3725.60
NSE top gainers and losing counters
The day’s top gainer was Olympia Capital which rose 9.95% to KSh 2.10 followed by Sanlam which was up 7.73% to KSh 11.85; Flame Tree which edged 5.79% to KSh 1.28; TP Serena which gained 3.45% to KSh 13.50 and Home Afrika which appreciated by 2.70% to KSh 0.38.
The worst performers were led by CIC Insurance which declined by 3.49% to KSh 2.21 followed by Bank of Kigali which fell 3.335 to KSh 29.00; Safaricom which declined by 1.97% to KSh 37.35; Britam which depreciated by 1.915 to KSh 7.20 and I&M Holdings which shed 1.86% to close at KSh 21.05 per share.
ALSO READ:NSE Daily Equity Turnover Declines 46.7% to KSh 130 Million
