Nairobi Securities Exchange(NSE) recorded a 95% increase in turnover to KSh 770.6 Million when trading ended Tuesday, April 13, 2021. This is on a total volume of 15,035,600 shares exchanging hands in 952 deals.
Activity at the NSE is picking up as investors position to earn dividends from various firms that have already published good 2020 end year results.
Standard Chartered Bank of Kenya book closure is on April 27, 2021, for payment of a first and final dividend of KSh 10.50.
KenGen book closure for the first and final dividend of KSh 0.30 is on April 22, 2021.
This week will see the BAT book closure on April 16, 2021, for the final dividend payment of KSh 41.50. The tobacco manufacturer is to hold its virtual Annual General Meeting on 12th May, 2021 where shareholders will approve the dividend payment.
I&M Holdings will close its shareholders’ register on April 15, 2021, for dividend payment of KSh 2.25 per share.
Heightened activity is expected on the Co-operatives Bank of Kenya counter on Wednesday, April 14, 2021, as investors rush before book closure for payment of KSh 1.00 first and final dividend.
NSE Top Gainers
At the NSE on April 13, 2021, the top price gainer was Kapchorua Plc, whose price appreciated 9.88% to KSh 89.00.
It was followed by Umeme Limited, whose price rose 8.31% to KSh 7.04, Transcentury which was up 6.80% to KSh 1.10, Unga whose price edged 6.34% to KSh 31.05 and Sameer Africa PLC, which was up 4.64% to KSh 3.61.
The losing counters were led by Crown Paints, followed by CIC Group, which was down 7.42% to close at KSh2.12. Others were Flame Tree Group which declined by 6.15% to trade at KSh 1.22. Sanlam Kenya Plc fell 4.35% to KSh 11.00 while Longhorn publishers declined 4.24% to KSh 4.07.
The prime movers were Safaricom, with a market capitalization of KSh 1.47 Trillion moving a volume of 8.41 Million.
It was followed by EABL(2.01Million), Bank of Kigali(1.50Million), KCB(764,500)and Equity Group( 433,900).
The benchmark NSE All-Share Index [NASI] gained 0.64 points to close at 160.05, while the NSE 20 Share Index declined 1.42 points to close at 1861.44. The NSE 25 Share Index gained 19.03 points to close at 3553.49
The Derivatives Market had 27 single stock futures contracts valued at KSh 1.01 Million concluded, compared to the 12 SSF contracts valued at KSh 450,900 concluded in the previous session.
The Secondary Bond Market had bonds worth KSh 6.93 Billion transacted in 114 deals compared to KSh 3.04 billion worth of bonds achieved in 43 deals in the prior session.