The Nairobi Securities Exchange (NSE) recorded reduced activity as the trading week came to a close, with Daily Equity Turnover declining 49.5% to KSh 334.3 Million compared to KSh 662.3 Million this Thursday.
Shares traded also declined from the previous 21.7 Million to 10.7 Million, while the number of deals was down to 1,371 from the previous 1,428.
NSE Market Capitalization was down KSh 2,917,370 Billion when trading ended at the bourse this Friday compared to KSh 2,920,467 Billion the previous day.
Safaricom, the most heavily traded counter, recorded a price decline, pulling down the bourse with it.
NSE INDICES
The NSE All-Share Index was down 0.20 points to 187.20, while the NSE 20 Share Index lost 4.46 points to 2034.20. The NSE 25 Share Index was up 1.06 points to 4093.06.
Express Kenya was the day’s top gainer, its share price rising by 9.97% to KSh 4.19. Express began 2021 with a share price of KSh 3.61 and has since gained 16.1% on that price valuation, ranking it 14th on the NSE in terms of year-to-date performance.
Other gainers included Eveready, which was up 7.69% to KSh 0.98; Nairobi Business Ventures which gained 7.54% to KSh 5.28, Housing Finance Company of Kenya which appreciated by 5.28% to close at KSh 3.99 per share and Home Afrika, which gained 2.56% to KSh 0.40.
The worst performers were led by Stanlib Fahari Income-REIT, which was down 2.59% to KSh 6.78, followed by Standard Group, which lost 2.18% to close at KSh 17.95, NCBA which was down 1.31% to KSh 26.45, KenGen which declined by 1.20% to KSh 4.92 and Bamburi Cement whose share price dropped by 1.17% to KSh 38.00.
The biggest movers were led by Equity Group, which sold a volume of 2.94 million shares, followed by Safaricom( 1.95 Million), WPP ScanGroup (1.63Million) and KenGen (936,600).
Turnover in the secondary bonds market rose to KSh 2.2 Billion from 119 deals compared to KSh 1.2 Billion in 60 deals at the previous trading session.
The Derivatives Market had a total volume of 28 and a turnover of KSh 559, 060.00 compared to a volume of 9 contracts concluded and a turnover of KSh 255,950.00 at the previous trading session.
ALSO READ: NSE Daily Equity Turnover rises 67.1% to KSh 662.3 Million
