Turnover at the Nairobi Securities Exchange (NSE) declined to KSh 502.46 Million compared to the week’s high of KSh 1.44 Billion on Thursday.
The volume of shares traded fell to 20.09 Million compared to 44.59 Million shares traded on Thursday.
The NSE posted a 55% decline in volume, a 65% decline in turnover and a 6% decline in deals from the previous trading session.
While activity by foreign investors was subdued, their increased activity on Safaricom counter pushed its volumes to 12.09 Million. Other big movers included KPLC(1.86 Million), KCB(1.47 Million), ABSA(1.31 Million) and Equity(691,500).
The top gainer was Crown Paints whose price rose significantly by 9.28% to KSh 46.50 followed by Home Afrika which was up 4.76% to KSh 0.44, Limuru Tea price rose by 3.90% to KSh 400 as well as CIC whose share price climbed 3.50% to KSh 2.07. Uchumi rose KSh 3.45% to KSh 0.30.
The 5 biggest losers were led by Nairobi Business Ventures, Olympia Capital, East African Cables, Longhorn Publishers and Housing Finance,
The NSE 20 Share index rose to 1847.63 from the previous 1832.00, an increase of 0.85% while the NSE 25 Share Index increased by 0,64% to 3242.38 from the previous 3221.79. The NSE All-Share Index was also up to 140.37 from the previous 139.71.
ALSO READ:Turnover at the NSE rises to KSh 1.44 Billion