Nairobi Securities Exchange (NSE) recorded a 74% fall in turnover to KSh 197.7 Million when trading ended this Wednesday when a total of 5,708,300 shares exchanged hands in 944 deals.
This activity level is compared to a turnover of KSh 752.6 Million when trading ended at the bourse on Tuesday, March 2nd, 2021.
NSE Top Gainers
Nation Media Group Plc was the top price gainer, its share price edging up 9.25% to close at KSh 21.25. The media house was followed by TransCentury Plc (6.56%), NCBA Group Plc (5.79%) and Sanlam Kenya Plc(5.5%).
Laggards
The worst performing counters were led by Liberty Holding, which fell 8.12% to KSh 7.24, followed by TPS Eastern Africa Plc, whose prices fell by 5.59%, Eaagads Plcse, which was down 5.45% and Longhorn Publishers Plc, whose share price fell by 5.38%.
Top movers
Safaricom, the most capitalised at the bourse, was the day’s top mover with a volume of 1.4 Million shares traded.
The telco was followed by KCB Group(1.13Million), Nation Media Group Plc (582,300) and Kenya Power & Lighting Company Plc (568,100).
Market Indices
The NSE All-Share Index (NASI) benchmark lost 1.49 points to close at 163.43, while the NSE 20 Share Index gained 12.23 points to close at 1934.90. The NSE 25 Share Index shed 16.53 points to close at 3605.78.
Bonds and Derivatives
The derivatives market recorded a decline during today’s trading session, with ten contracts valued at KSh 215,000 concluded. This is against 18 deals valued at KSh 1,036,200 traded previously.
The Secondary Bond Market segment traded bonds worth KSh 3.81 billion in 90 deals against KSh 1.44 billion achieved in 58 deals in the prior session.
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