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    NSE Turnover Climbs to KSh 3.8 Billion

    Jackson
    By Jackson Okoth
    - September 17, 2020
    - September 17, 2020
    Kenya Business newsMarkets
    NSE Turnover Climbs to KSh 3.8 Billion

    Equity at the Nairobi Securities Exchange(NSE) increased significantly on 17th September 2020 to KSh 3.76 Billion compared to KSh 550.65 Million on Wednesday and KSh 303.09 Million on Tuesday this week.

    A volume of 123.65 Million of shares was traded Thursday in 1,074 deals compared to 17.69 Million shares transacted the previous day.

    All the key performance indicators were down with the NSE 20 falling 21.64 points from the previous 1,866.24 points to 1,844.60. The NSE 25 fell 28.21 points to 3219.95 while the NASI was down 0.60 points from 140.65 to 139.80.

    While Safaricom remained the biggest mover with 115.84 Million shares transacted, its price shrunk marginally to KSh 30.00 from the previous KSh 30.10, a drop of 0.33%.

    Equity Group, was the most dominant in the banking sector trading a volume of 2.79 Million shares at the price of KSh 36.05 from the previous KSh 36.95, a drop of 2.44%.

    Other big movers included Kenya Re with a volume of 1.09 Million shares, East African Breweries Limited ( 808,600) and KCB ( 575,800).

    The share price of Kenya Reinsurance Corporation climbed 0.45% from KSh 2.21 to KSh 2.22. EABL share price was down 2.29% to KSh 160.25 from KSh 164.00 while KCB share prices declined to KSh 37.55 from KSh 37.95, a drop of 1.05%.

    Top gainers at the bourse Thursday were led by Eaagads Limited which was up 7.29% up to KSh 12.95, Crown Paints whose shares rose 6.90% to KSh 44.90, Umeme Limited KSh 6.98(5.76%), Home Afrika KSh 0.40(5.26%) and Uchumi KSh 0.31(3.33%).

    Losing counters were led by Standard Group whose share price plunged 9.93% to KSh 18.60, Nation Media Group with a loss of 8.96% to KSh 15.25, Sanlam Kenya, Bamburi Cement, and Standard Chartered Bank whose share price fell 2.86% to KSh 161.50.

    ALSO READ:NSE Turnover Jumps to KSh 550.65 Million

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