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    1.0.32

    Kenya Stock Market Weekly Turnover drops to KSh 1.7 Billion

    Jackson
    By Jackson Okoth
    - August 15, 2020
    - August 15, 2020
    Kenya Business newsMarkets
    Kenya Stock Market Weekly Turnover drops to KSh 1.7 Billion

    The Equity Market closed the week with 69Million shares valued at KSh1.68Billion against 130Million shares valued at KSh 2.9 Billion transacted the previous week.

    The list of top gainers at the NSE for the week was led by Nation Media, whose price rose 29.42% from KSh 9.04 to KSh 11.70, followed by Unga shares with prices appreciating 9% from KSh 30.00 to KSh 32.70.

    HF Group share price increased from KSh 3.72 to KSh 4.00, a rise of 7.53%. Olympia share price increased from KSh 2.29 to KSh 2.45, an increase of 6.99%. BOC Kenya share prices rose to KSh 57.75 from KSh 54.00, an appreciation of 6.94%.

    Safaricom maintained its dominance of the weekly trading activity with its share price remaining unchanged at KSh27.00. It moved 28.7Million shares valued at KSh792Million, representing 47.11% of the week’s traded value.

    The Banking sector moved shares worth KSh 633Million, accounting for 37.64% of the week’s traded value. Equity Bank was the most actively traded counter in this segment.

    Its price, however, declined by 8.73% to KSh28.75, down from KSh31.50 registered the previous week with shares worth KSh372Million transacted.

    E. A Breweries moved 1Million shares worth KSh162Million at a relatively stable price of KSh154.00. B.A.T was up 1.71% to KSh328.00 and moved 56,000 shares worth KSh18.5Million.

    The NewGold ETF was down 6.19% to KSh1,970 and moved 14,000 units valued at KSh28Million.

    The Bond Market turnover decreased marginally to KSh 14.1Billion compared to KSh14Billion registered the previous week.

    On the losers table was EA Cables whose price fell 22.38% from KSh 2.10 to KSh 1.63. Others in this group were Scangroup, Standard Group, Uchumi and Equity Group.

    ALSO READ:

    Half-year earnings to influence activities at NSE

    Turnover at NSE Rises to KSh 353 Million

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