The Nairobi Securities Exchange(NSE) recorded a turnover of KSh 270.8 Million at the end of this Thursday’s trading session, a drop of 54% compared to the previous day.
This was on a volume of 7,287,600 shares which exchanged hands in some 862 transactions.
With a market cap of KSh 2.72 Trillion, the bourse had a total of 48 NSE equities participating in trading, resulting in 21 gainers and 16 losers.
East African Portland Cement Company(PORT) led the gainers with 9.72% share price appreciation closing at KSh 7.90 per share from the previous KSh 7.20.
PORT is the 51st most traded stock at the NSE over the past three months (Apr 22 – Jul 22, 2021). It has traded a total volume of 40,900 shares—in 70 deals—valued at KSh 314,388 during the period under review-averaging 649 traded shares per day.
The highest volume traded so far was 11,400 on July 14th, 2021.
PORT began 2021 with a share price of KSh 11.00 but has since lost 28% off that price valuation, ranking it 59th on the NSE in terms of year-to-date performance.
The stock has lost 10% of its value from June 23rd to date.
NSE gainers and losers
Other price gainers were TPS Eastern Africa Serena, whose price was up 6.38% to KSh 15.00, Liberty Kenya, which gained 6.17% to KSh 9.98, Trans Century which was up 5.6% to KSh 1.32 and Sasini, which was up 4.18% to close at KSh 19.95.
The worst performing counters were led by Nairobi Business Ventures(NBV), whose price depreciated by 6.8% to KSh 9.46 per share from the previous close of KSh 10.15
NBV began 2021 with a share price of KSh 4.28 and has since appreciated by 121% on that price valuation, ranking it the top performer at the bourse in terms of YTD performance.
NBV has accrued a value of over 37% over the past one month alone, considered the best at the bourse.
Nairobi Business Ventures is ranked as the 13th most traded stock at the NSE over the past three months (Apr 22 – Jul 22, 2021).
The counter has traded a total volume of 13.8 million shares—in 873 deals—valued at KSh 97.3 million over the period, with an average of 219,832 traded shares per session.
A volume high of 10 million was achieved on June 23rd, and a low of 200 on June 10th, for the same period.
Other price laggards were NSE which was down 6.24% to KSh 8.42; Express Kenya, which declined 5.91% to KSh 4.14; Diamond Trust Bank, Kenya, which shed 5.11% to end at KSh 65.00 and Williamson Tea which depreciated 3.48% to KSh 138.50.
Safaricom recorded the highest volume of 4.88 Million traded shares, followed by Kenya Re-Insurance (965,000), ScanGroup (209,700), East African Breweries (140,000) and KPLC( 130,000).
The benchmark NSE All Share Index was up 0.12 points to close at 179.01, while the NSE 20 Share Index was down 6.38 points to close at 1978.99. The NSE 25 Share Index was up 4.22 points to close at 3896.89
The Derivatives Market posted 33 single stock futures contracts valued at KSh 796,350 concluded, compared to 13 contracts valued at KSh 568,400 transacted during the Wednesday session.
The secondary bond market had bonds worth KSh 4.05 Billion transacted in 78 deals compared to KSh 4.07 Billion worth of bonds achieved in 59 deals on Wednesday.