Nairobi Securities Exchange(NSE) recorded Kapchorua Tea Company as the top price gainer when trading ended this Wednesday.
Kapchorua share price was up 10% to close at KSh 93.50 per share over the previous closing price of KSh 85.00 on Tuesday 13th, 2021.
KAPC began 2021 with a share price of KSh 78.00 and has since gained 19.87% on that price valuation, ranking it 12th on the NSE in terms of year-to-date performance. The KAPC stock has accrued 13.68% over the past four-week period.
NSE Top Price Gainer
Kapchorua was followed by Eveready East Africa, which gained 8.25% to KSh 1.05, Diamond Trust Bank Kenya, whose share price rose by 6.72% to KSh 63.50 and STANLIB Fahari Income REIT, whose price was up 5.23% to KSh 6.44 when trading closed this Wednesday.
Uchumi closed the day with a gain of 4% to KSh 0.26.
CIC Insurance Group was the worst performer on the losing side, with its share price declining by 8.61% to close at KSh 3.08 per share from the previous closing price of KSh 3.37.
CIC started 2021 with a share price of KSh 2.13 and has since gained 44.6% on that price valuation, ranking it 3rd on the Nairobi bourse in terms of year-to-date performance. The CIC counter has accrued 48.79% in value over the past four-week period.
CIC Insurance Group was followed by Sameer Africa, which declined by 5.29% to KSh 3.22, Crown Paints Kenya, whose share price was down 4.04% to KSh 24.95, Nairobi Business Ventures, which lost 3.33% of its share price to KSh 11.60 and WPP ScanGroup which was down 2.80% to KSh 4.86.
KenGen was the day’s top mover with a volume of 2.9 million traded shares, followed by Equity Group Holdings (2.56Million), Safaricom (1.74Million), I&M Holdings (1.66Million) and KPLC, which dealt a volume of 1.17 Million shares.
The benchmark Nairobi All Share Index (NASI) moved up 1.31 (0.75%) points to close at 176.15, representing a 1-week gain of 0.77%, a 4-week gain of 1.14%, and an overall year-to-date gain of 15.8%.
The NSE 20 Share Index was up 0.11%, representing a one week gain of 0.83% and 4.66% YTD. The NSE 25 Share Index was up 0.42%, representing a one week gain of 0.79% and 13.05% overall gain in year-to-date performance.
The Nairobi bourse recorded a turnover of KSh 380.9 Million after a total of 13,331,800 shares exchanged hands in 1,100 deals when trading ended this Wednesday, 14th July 2021.
This Wednesday’s data shows a 7% improvement in deals. The current market capitalization of the NSE is KSh 2.67 trillion.
In aggregate, 46 NSE listed equities participated in trading, ending with 16 gainers and 21 losers.
The derivatives market posted a decline in activity during this Wednesday’s trading session, with 28 single stock futures contracts valued at KSh 753,650 concluded, compared to 25 contracts valued at KSh 850,160 concluded in the prior session.
The secondary bond market posted a decline in activity during today’s trading session, with bonds worth KSh 4.76 Billion transacted in 49 deals compared to KSh 5.63 Billion in 125 deals this Tuesday.