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    1.0.32

    NSE Daily Equity Turnover Drops 86.1% to KSh 118.7 Million

    Jackson
    By Jackson Okoth
    - March 11, 2022
    - March 11, 2022
    Kenya Business newsMarkets
    NSE Daily Equity Turnover Drops 86.1% to KSh 118.7 Million

    The Nairobi Securities Exchange(NSE) recorded a drop in daily equity turnover to KSh 118.7 Million on the last day of the trading week from the previous day’s KSh 851 Million, a decline of 86.1%

    The number of shares traded this Friday also fell to 4.6 Million from the previous day’s 19.2 Million, while the number of equity deals stood at 872 from the previous day’s 1,230.

    The NSE All-Share Index was up 1.20 points to close at 159.05, while the NSE 20 Share Index declined 5.14 points to close at 1864.58. The NSE 20 Share Index was up 11.44 points to close at 3613.10

    Activity in the secondary bonds market declined to a turnover of KSh 2.4 Billion on 89 deals this Friday compared to the previous day’s turnover of KSh 3.5 Billion on 103 deals.

    The Derivatives Market had 5 contracts worth KSh 174,500 this Friday compared to the previous 26 contracts worth KSh 1,183,910 concluded at the end of the last session.

    NSE TOP GAINERS AND LOSERS

    The top gainers were led by Sasini, which was up 9.72% to KSh 19.75, followed by BK Group, which gained 8.70% to KSh 29.35; Car&General which was up 8.41% to KSh 61.25; Sanlam Kenya which gained 6.25% to KSh 12.75 and Uchumi which rose by 5.00% to KSh 0.21.

    The worst performing counters were led by East African Portland Cement which declined by 10% to KSh 6.30, followed by Standard Group, which was down 6.29% to KSh 13.40; Nairobi Business Ventures which was down 4.95% to KSh 4.61; NMG, which declined by 4.75% to KSh 19.05 and Carbacid Investments which declined by 4.39% to KSh 10.90.

    Safaricom was the day’s prime mover with a volume of 1.81 Million, followed by KPLC( 1.01 Million), KenGen(451,300), Carbacid Investments(260,900) and CIC (213,100).

    ALSO READ:NSE Daily Equity Turnover Rises to KSh 851.05 Million

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