On the last day of 2020, the Nairobi Securities Exchange (NSE) registered a 53.4% decline in turnover to KSh 86.2 Million this Thursday from KSh 185.1 Million posted the previous day.
The slump in the value of market activity comes as investors take a break for the new year holiday, with trading expected to resume on January 4th, 2021.
Prime Movers
The top prime mover was Safaricom with a volume of 1.34 Million, its share price rising to KSh 34.25 from the previous day’s KSh 34.00. This was from 90 deals that resulted in a turnover of KSh 45.99 Million, activity that was dominated by foreign investors at 78%. Others big movers were KPLC (880,700), Uchumi (528,800), Equity Group (227,600) and NCBA (131,900).
Price Gainers
Price gainers were led by Olympia Capital which was up 10% to close at KSh 2.20 followed by NCBA which was up 7.65% to close the day at KSh26.75. Standard Group edged 7.145 to KSh 22.50, Express Kenya rose 6.80% to KSh 3.61 while East African Cables recovered 5.34% to end the day at KSh 1.38.
Worst performers
The worst performers were led by Uchumi, BAT Kenya, Flame Tree Group, TPS Serena and Eveready East Africa.
Indices
The NSE All-Share was up 1.14 points to 152.11 while the NSE 20 Share Index climbed 15.33 points to 1868.39. The NSE 25 Share Index appreciated 29.47 points to 3415.24 as the last trading at the bourse in 2020, ended.
Bond Market
The secondary bond market had bonds worth KSh 478.5 Million traded in 31 deals during Thursday’s trading session. This is compared to KSh 1.31 Billion achieved in 57 deals during the Wednesday trading session.
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