The Nairobi Securities Exchange(NSE) recorded an increase in equity turnover to KSh 395 Million at the end of the first day of the trading week compared to a turnover of KSh 270 Million when trading ended at the bourse of Friday last week, an increase of 46.3%
The volume of shares traded also rose to 11.8 Million today compared to 10 Million previously while the number of equity deals also increased to 1054 from 845 last Friday.
NSE INDICES
The benchmark NSE All Share Index was down 0.53 points to 164.13 while the NSE 20 Share Index declined by 6.06 points to close at 1886.48. The NSE 25 Share Index shed 9.83 points to stand at 3686.12
Banking Sector most dominant at the NSE
The banking sector was the most active at the NSE and moved shares worth KSh 310 Million which accounted for 66.84% of the day’s traded value.
Equity was the day’s prime mover with a volume of 5.69 Million shares changing hands at between KSh 51.25 and KSh 52.00. KCB moved 50,000 shares valued at KSh 2.2 Million and closed at KSh 44.25.
Equity Group was followed by Safaricom which traded 3.48 Million worth KSh 129 Million at a reduced price of between KSh 37.30 and 37.45, NSE moved 1.21 Million), CIC( 268,200) and Kenya Power( 191,300 shares) traded.
The top price gainer was Longhorn Publishers which gained 9.50% to KSh 4.38 followed by Flame Tree Group which was up 8.94% to KSh 1.34; Home Afrika which rose 5.56% to KSh 0.38; Olympia Capital which was up 5.29% to KSh 1.99 and Stanlib Fahari Income REIT which rose 5.18% to KSh 6.50
The worst performimg counter was Williamson Tea which declined by 3.70% to KSh 130 followed by TPS Serena which declined by 3.45% to KSh 14.00; BOC Kenya which fell by 3.42% to KSh 70.50; Kapchorua Tea which fell by 3.06% to KSh 95.00 and Car&General which lost 2.55% to close the day at KSh 66.75
Other main features was Standard Chartered Bank Kenya which remained unchanged at KSh 130.75 and moved 16,000 shares valued at KSh 2 Million and East Africa Breweries which traded 26,000 shares valued at KSh 4.2 Million at between KSh 156.00 and KSh 159.00
The Derivatives Market had 19 contracts worth KSh 830,670 compared to 6 contracts worth KSh 215,980 on Friday.
The Secondary Bonds market had a turnover of KSh 1,171,900,000 in 54 deals compared to 59 deals resulting in a turnover of KSh 823,500,000 at the end of the previous trading session last week.
ALSO READ: NSE Equity Turnover rises 15.8% to KSh 36.31 Billion in Q4, 2021 – CMA Report
