Nairobi Securities Exchange(NSE) recorded a decline in equity turnover to KSh 702.9 Million when trading ended at the bourse this Friday compared to KSh 905.9 Million the previous day, a decline of 22.41%.
The number of deals also declined to 819 from the previous 1,069, a 23% decline while the volume of shares that changed hands fell to 18.5 Million from the previous 23.3 Million, a decline of 21%.
NSE Indices, Price Gainers and Losers
The top price gainers were led by Sasini Tea and Coffee which was up 9.28% to KSh 20.60. Sasini began the year with a share price of KSh 19.50 and has since gained 5.64% on that price valuation, ranking it 20th on the NSE in terms of year-to-date performance.
The Sasini stock has accrued 14% over the past four-week period—third-best on the NSE.
Sasini was followed by Car & General which gained 7.94% to KSh 34.00, Stanbic Holdings which was up 6.03% to KSh 92.25, Nation Media Group which appreciated by 5.59% to KSh 18.90 and KenGen which rose by 4.91% to KSh 4.49 while Uchumi gained 4.55% to close at KSh 0.23.
The worst performing counters were led by East African Portland Cement which lost 7.43% to KSh 6.48 from its previous closing price of KSh 7.00.
East African Portland Cement(PORT) began the year with a share price of KSh 11.00 but has since lost 41.1% off that price valuation, ranking it 60th on the NSE in terms of year-to-date performance. PORT has lost 19% of the stock’s value from November 12th to date.
PORT was followed by Diamond Trust Kenya which fell by 3.45% to KSh 56.00; WPPScanGroup which depreciated by 2.36% to KSh 14.45; Total whose share price declined by 2.04% to KSh 24.00 and KPLC which declined by 1.14% to KSh 1.74.
The day’s prime movers were led by KCB with a volume of 8.80 Million followed by Safaricom( 7.43 Million), Equity( 524,900), KPLC( 394,600) and KenGen(290,900).
The NSE All-Share Index(NASI) was up 2.74 points to close at 162.77 while the NSE 20 Share Index was up 17.76 points to close at 1856.45. The NSE 25 Share Index gained 45.84 points to close at 3594.17.
The Derivatives Market had 1 contract worth KSh 10,960 concluded while the previous activity recorded nil activity.
The Secondary Bond Market had a turnover of KSh 1.8 Billion from 119 deals compared to a turnover of KSh 5.1 Billion from 64 deals at the previous session.