Nairobi Securities Exchange(NSE) declined to KSh 1.5 Billion ob 78.7 Million shares against KSh 2.3 Billion on a volume of 71 Million shares posted the previous week.
The Banking sector had shares worth KSh 798 Million transacted, which accounted for 40.18% of the week’s traded value.
Equity Group declined by 8.02% to KSh 49.90, down from KSh 54.25 registered the previous week on a turnover of KSh 416 Million. KCB Group was down 3.60% to KSh 46.80 and moved 5 Million shares valued at KSh 262 Million.
Safaricom was down 4.96 to close the week at KSh 42.15 and moved a volume of 17.6 Million shares valued at KSh 751 Million, accounting for 37.83% of the wee’s traded value.
The NSE’s Manufacturing and Allied sector saw shares worth KSh 187 Milion transacted, which accounted for 9.43% of the week’s traded value. East African Breweries was down 1.68% to KSh 175.50 and moved 843,000 shares valued at KSh 148 Million.
BAT moved 82,000 shares valued at KSh 38 Million and closed the week at KSh 461.75.
The Commercial & Services Sector had shares worth KSh47Million transacted, representing 2.37% of the week’s traded value. WPP Scangroup closed the week 29.69% higher to KSh4.63 on a volume of 9Million shares valued at KSh36.7Million.
Nairobi Business Ventures recorded a 30.30% gain to close the week at KSh6.88 with shares worth KSh6Million transacted.
The Bond Market registered improved activity with bonds worth KSh10.8Billion transacted against KSh12.7Billionposted the previous week.
The NSE 20 Share index lost 8.93 points to stand at 2025.37, while the NSE All-Share Index(NASI) shed 7.73 points to settle at 179.49. The NSE 25 Share lost 160.56 points or 3.92% to 3932.50.’
The week’s top gainer was Nairobi Business Ventures which rose 30.30% from KSh 5.28 to KSh 6.88, followed by WPP ScanGroup, Crown Paints, East African Cables and Kapchorua Tea.
The week’s biggest loser was HF Group which declined by 8.27% from KSh 3.99 to KSh 3.66, followed by Equity, Kakuzi, Sanlam and BK Group.
The Derivatives segment at the NSE closed the week with 610 contracts valued at KSh 25.5 Million.