The Nairobi Securities Exchange(NSE) recorded a 33.5% decline in equity turnover in July 2021 to KSh 9.3 Billion from KSh 19.95 Billion in June 2021.
According to the Barometer, a monthly bulletin published by the NSE, bonds turnover also declined by 0.9%, from KSh96.6 Billion in June to KSh 95.8 Billion in July 2021.
NSE MARKET CAP AND INDICES
NSE Market capitalization, however, rose by 2.4% from KSh2,702.22 Billion in June to KSh2,766.28 Billion in July 2021.
The NSE-20 Index rose by 2.4% in July 2021 from June 2021.
The Derivatives Market had 1120 deals at the end of Q2, 2021 compared to 306 in Q1, 2021 or a volume of 2485 at the end of June 2021 compared to 1197 at the end of June March 2021.
Turnover increased from KSh 59.4 Million in Q1 to 92.8 Million in Q2, 2021, an increase of 56.19%.
Safaricom Plc had the highest turnover in July 2021 of KSh 4.5 Billion or 48.77% of monthly market turnover, followed by Equity( KSH 1 Billion or 11.10% of total market turnover, EABL with KSh 881.1 Million, KCB(KSh763.6 Million), DTB(KSh 652.2 Million), Nation Media Group(KSh 276.38Million), Standard Chartered(KSh 188.7 Million), Co-operative Bank of Kenya(KSh 178.3 Million), ABSA(KSh 131.4 Million) and I&M(KSh 126 Million).
In June, Safaricom also had the highest turnover of KSh 5.7 Billion, followed by Equity( KSh 2.3 Billion), NCBA( KSh 1.7 Billion), EABL( KSh 1.69 Million), KCB( KSh 799.9 Million), C0-operative Bank of Kenya( KSh 250.2 Million), NMG(KSh 200.1 Million), Bamburi( KSh 184.9 Million), DTB( KSh 138.9 Million) and SCBK( KSh 136.4 Million).
Safaricom Plc closed at KSh 42.10 this Friday, 6th August 2021, a 2.1% gain over its previous closing price of KSh 41.25.
Safaricom began the year with a share price of KSh 34.25 and has since gained 22.9% on that price valuation, ranking it 11th on the NSE in terms of year-to-date performance.
CIC was the top price gainer month-on-month in July 2021, its share price rising by 37% followed by Car&General( 32.8%), KenGen(11.9%), UMEME( 11.3%), Diamond Trust( 11%), Sanlam( 10%), I-REIT(9.8%), Equity( 9.3%), Britam(8.6%) and Jubilee( 8.1%).
The worst performer month-on-month in July was Crown Paints which lost 34% of its share price, followed by Nairobi Business Ventures, which lost 18.8%, Uchumni which was down 14.8%, WPP ScanGroup, which declined by 13.1%, Limuru Tea which shed 12.5% of its share price, Centum which lost 11.2%, Williamson Tea which declined by 8.6%, Home Afrika(7%), Longhorn Publishers( 5.2%) and Olympia Capital which fell by 3.7%.
ALSO READ: NSE Equity Turnover Drops 14.3% to KSh 347.1 Million
