Nairobi Securities Exchange(NSE) recorded a 6% increase in turnover to KSh 395,410,780.00 when trading ended at the bourse this Tuesday, 13th July 2021. There was also a 27% increase in the volume of shares traded to 13.2 Million but a 9% decline in deals to 1,025.
With a Market Capitalization of KSh 2.65 Trillion, 49 listed equities participated in trading, ending with 24 gainers and 15 losers.
NSE Top Gainers and Losers
Express Kenya led the gainers with 10% share price appreciation closing at KSh 4.40 per share, followed by Eaagads, which was up 9.26%, Olympia Capital Holdings, whose price was up 9%and BK Group, whose price rose by 7.69%.
The current share price of Express Kenya Limited (XPRS) is KSh 4.40. The XPRS stock closed its last trading day this Tuesday, July 13, 2021) at KSh4.40 per share, a 10% gain over its previous price of KSh 4.00
XPRS began the year with a share price of KSh 3.61 and has since gained 21.88% on that price valuation, ranking it 10th on the NSE in terms of year-to-date performance. The stock has accrued 7.32% over the past four-week period alone.
On the losing side, Standard Group was the worst performer with a depreciation of 10% at KSh 17.10 per share, followed by TPS Eastern Africa Serena, which was down 6%, Nairobi Business Ventures, which declined by 4% and Uchumi Supermarket, which fell 3.85% while East African Cables declined which was down 2.88% to KSh 1.35.
The Standard Group Limited stock closed its last trading day this Tuesday, July 13, 2021, at KSh 17.10 per share, recording a 10% drop from its previous closing price of KSh 19.00.
SGL began the year with a share price of KSh 22.50 but has since lost 24% off that price valuation, ranking it 58th on the NSE in terms of year-to-date performance.
Shareholders’ fears may be allayed by the 9.97% increase of SGL share price in recent weeks – since June 15.
Safaricom recorded the highest volume of 6 million traded shares, followed by KCB Group (1.52Million), Kenya Re-Insurance Corporation (1.33Million), KenGen (899,500) and WPP ScanGroup at 562,400.
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