Nairobi Securities Exchange( NSE) listed Car&General as the day’s top price gainer, its share price rising up 9.88% to KSh 69.50 as investors rush to the counter to take advantage of the bonus share issue as well as first and final dividend of KSh 3.20, ahead of the book closure on March 24th, 2022.
NSE Data shows that Car&General traded a volume of 12,300 shares this Tuesday in 17 deals that resulted in a gross turnover of KSh 854,550.00.
The Car& General counter has an Earnings Per Share(EPS) of KSh 22.43, Price Earnings(P/E) ratio of KSh 3.10 with 40.1 Million shares outstanding and a Market Capitalization of KSh 2.79 Billion.
The NSE ranks Car&General as the best in terms of year-to-date performance. The counter began the year with a share price of KSh 33.95 and has since gained 105% on that price valuation.
CGEN stock has accrued an outstanding 104% over the past four-week period alone—best on NSE.
The listed car dealer is engaged in the sales and service of power equipment, household goods, agricultural tractors and implements, marine engines, motor cycles, motor cars, three-wheeler vehicles, commercial laundry equipment, commercial engines and general goods.
The company’s operating segments include Trade and workshop, Poultry, and Investment properties.
NSE Gainers, Losers and Prime Movers
Other gainers this Teusday include Nairobi Business Ventures which rose 8.55% to KSh 5.08; Flame Tree Group which was up 5.69% to KSh 1.30; NSE which gained 3.25% to KSh 8.26 and TPS Serena which was up 3.20% to KSh 14.50.
KCB was the day’s main feature and moved 3.3 Million shares valued at KSh 150 Million changing hands at between KSh 44.50 and KSh 45.15.
Safaricom traded 1 Million shares valued at KSh 37.6 Million at between KSh 37.30 and KSh 37.95, representing 13.41% of the day’s traded value.
Kenya Power was the most dominant in the Energy& Petroleum sector, its share price declining by 2.99% to KSh 1.62 down from the previous KSh 1.67 with shares worth KSh 1.8 Million transacted. In the construction and allied sector, Crown Paints moved 111,000 shares worth KSh 3.6 Million at a stable price of KSh 32.50.
East African Breweries had 17,000 shares valued at KSh 2.7 Million at between KSh 158.50 and KSh 159.50.
The Banking Sector had shares worth KSh 227 Million transacted which accounted for 80.74% of the day’s traded value.
The worst performers were led by East African Portland Cement which was down 6.00% to KSh 6.58 followed by Sasini which declined 5.95% to KSh 20.55; Umeme which declined by 3.56% to KSh 6.50; Kenya Power which declined by 2.99% to KSh 1.62 and Centum which fell 2.34% to KSh 14.60.
Total Equity Turnover was up KSh 83.9 Million to KSh 218 Million while total shares traded increased from 6.5 Million to 8.8 Million this Tuesday
NSE Indices
The NSE All Share Index was down 0.61 points to 164.30 while the NSE 20 Share Index was down 9.20 points to 1890.28. The NSE 25 Share Index declined by 2.17 points to 3675.30.
The Secondary Bonds market had a turnover of KSh 3.2 Billion from 69 deals compared to a turnover of KSh 860,550,000 in 72 deals at the previous trading session.
The Derivatives Market had 10 contracts worth KSh 410,430 compared to 5 contracts worth KSh 188,750 concluded at the previous session.
ALSO READ: NSE Daily Equity Turnover Rises 63% to KSh 218 Million
