The Nairobi Securities Exchange (NSE) recorded a 39% decline in turnover to KSh 248.9 Million when trading ended today 13th January 2021. This was on a volume of 8,476,600 shares that exchanged hands in 951 deals, also a decline of 45% compared to Tuesday’s close.
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Top price gainers
Sanlam Kenya was the top price gainer at the NSE, rising 8.33% to close at KSh 13.00. The underwriter has bounced back to profitability after implementing a successful turnaround strategy. Investors are keenly watching how the end year results for 2020, to be released soon, will turn out.
Other price gainers at the NSE today were Bank of Kigali Group which edged 7.89%, HF Group whose share price was up 4.12% and Nation Media which gained 3.96%.
Worst performing counters
The worst-performing stocks at the NSE were led by BOC Kenya Plc whose price declined by 8.76% to settle at KSh 57.25 per share. The firm is in the middle of buyout negotiations with Carbacid Kenya. Other price laggards were Sasini Plc which lost 5.05% of its share price, Home Afrika and Nairobi Business Ventures.
NSE top movers
Safaricom Plc registered the highest volume of shares traded at the NSE moving 2.7 Million, followed by Equity Group (1.67Million), Kenya Power (740,200) and Absa Bank (583,000).
NSE indices
The NSE All-Share Index was up 0.65 points to settle at 154.53 while the NSE 20 Share Index gained 8.42 points to close at 1910.64. The NSE 25 Share Index gained 8.70 points to settle at 3445.93
Derivatives
The derivatives market segment had seven single stock futures contracts valued at KSh 199,140 transacted compared to deals worth KSh 182,000 concluded during the previous session.
Bonds
Bonds worth KSh 922.35 Million were traded in 40 deals compared to KSh 1.06 billion achieved in 45 deals during the previous at the secondary bond market.
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