Nairobi Securities Exchange(NSE) recorded an equity turnover of KSh 417.7 Million this Wednesday compared to KSh 483.9 Million the previous day, a drop of 13.7%.
The volume of shares also declined to 12.3 Million from 14.6 Million shares traded previously, a fall of 15.9%.
According to a brief from AIB-AXYS Africa Research, participation by foreign investors increased to 69.7% today compared to 62.0% previously.
Safaricom was the day’s prime mover with a volume of 8,129,600 shares changing hands at the price of KSh 41.60, accounting for 80% of the entire market transactions and 78.5% participation by foreign investors.
Other movers were KPLC with a volume of 2,242,900 shares at the price of KSh 1.94 per share. East African Breweries moved 251,000 shares at the price of KSh 169.25 per share while Nairobi Business Ventures traded 232,800 shares at the price of KSh 4.93 per share.
NSE Top Price Gainers and Worst performing Counters
The top gainers were led by Eaagads whose share price increased by 9.27% to KSh 13.55 on a volume of 6000 shares. It was followed by Stanbic Holdings whose shares were up 9.20% to KSh 95.00 on a volume of 1,000 shares, BOC Kenya which gained 8.53% to close the day at KSh 70 per share on a volume of 1,700 shares, Carbacid Investments Plc whose shares appreciated by 7.72% to KSh 13.25 on a volume of 171,100 and Sasini which gained 4.99% to close at KSh 20 per share.
The worst performing counters were led by Longhorn Publishers, which declined by 4.07% to KSh 3.77 on a volume of 2,500 followed by Nairobi Business Ventures whose shares fell 3.71% to KSh 4.93 on a volume of 232,800, Home Afrika which lost 2.63% of its share price to KSh 0.37 on a volume of 94,400, Crown Paints which declined by 2.29% to trade at KSh 32.00 per share on a volume of 500 shares and Absa NewGold EFT which declined by 2.16% to trade at KSh 1,815.00.
Participation of foreign investors at the NSE
Foreign investors bought Equity Group Holdings shares worth KSh 1.2 Million at a price of KSh 50.00 per share, Absa Gold EFT worth KSh 0.5 Million and Carbacid Investments shares valued at KSh 0.1 Million at KSh 13.25 per share.
Foreign Investors at the NSE sold Safaricom shares valued at KSh 60.2 Million at the price of KSh 41.60 per share, East African Breweries shares valued at KSh 12.2 Million at KSh 169.25 per share and BAT Kenya shares worth KSh 4.3 Million at KSh 430 per share.
NSE Bonds and Derivatives Segment
The Secondary Bonds market had a turnover of KSh 2.7 Billion from 93 deals this Wednesday compared to a turnover of KSh 1.5 Billion from 90 deals at the previous session.
The Derivatives market had 39 contracts worth KSh 1,374,455 concluded compared to 6 contracts worth KSh 273,020 at the previous session.
ALSO READ: NSE Daily Equity Turnover Rises 87.6% to KSh 483.7 Million
