Nairobi Securities Exchange(NSE) recorded a 950% increase in Equity turnover to KSh 701.3 Million, from KSh 66.8 Billion on Tuesday.
There was also a 399% rise in the volume of shares to 16.5 Million compared to the previous day’s 3.3 Million while there was a 6% improvement in deals from today’s 1,185 compared to yesterday’s 1,109 equity deals.
The NSE All-Share Index(NASI) was down 0.84 points to close at 169.70 while the NSE 20 Share Index was down 10.82 points to close at 1900.18. The NSE 25 Share Index was also down 20.01 points to close at 3739.78
With a Market Capitalization of KSh 2.65 Trillion from the previous KSh 2.66 Trillion, the NSE had the Liberty Kenya counter as the day’s top gainer, its price rising 7.14% to KSh 7.50.
LBTY was followed by Umeme Limited which was up 6.25% to KSh 6.80, Eveready which rose 4.49% to close at KSh 0.93, NSE which gained 3.16% to trade at KSh 8.50 and Stanlib Fahari Income-REIT which gained 2.45% to close the day at KSh 6.70 per share.
The day’s losers were led by East African Portland Cement which declined by 10% to KSh 7.20 followed by Nairobi Business Ventures which fell 9.55% to KSh 4.45, Trans-Century which depreciated by 8.46% to KSh 1.19, Olympia Capital which shed 5.70% to KSh 1.82 and StanChart Bank Kenya, which lost 3.72% of its share price to KSh 90.50
Safaricom moved the highest volume of 6.12 Million shares followed by Stanbic Holdings( 2.52 Million), Equity Group( 2.45 Million), Nairobi Business Ventures(1.39 Million) and KCB( 1.06 Million).
Investors are keen on the lucrative dividend payout of Standard Chartered Bank Kenya, Carbacid Investments and KenGen as well as KCB Group, which are offering huge returns to shareholders.
Standard Chartered Bank Kenya, surprised its shareholders with an interim dividend of KSh 5.00 on 16th November 2021. Its book closure is on December 7th, 2021 with payment on December 29th, 2021.
Carbacid Investments announced a special dividend of KSh 0.90 on November 2nd, 2021, will have its book closure on November 26th and pay its shareholders on the register on 17th December 2021. It will in addition pay a final dividend of KSh 0.70 on the same 17th December.
KenGen will close its share register on December 16th, 2021 and make payment of a first and final dividend of KSh 0.30 on 10th February 2022.
Turnover in the secondary bonds market was KSh 2.2 Billion compared to KSh 1.4 Billion previously while in the Derivatives market 17 contracts worth KSh 635,930 were concluded compared to 23 contracts worth KSh 1.3 Million at the previous session.