Nairobi Securities Exchange (NSE) turnover today edged up by 40% to KSh 250.38 Million as investors came back to the bourse after the one-day holiday. Investors traded 8.9 million shares in 681 deals.
The equity turnover was a significant improvement from Monday’s turnover of KSh 179.04 Million.
Investors showed interest in the KenGen counter, with investors rushing to buy KenGen shares before the close of the register tomorrow. The company will pay a dividend of 25 cents per share on 3rd November 2020.
When trading ended today, KenGen share price rose by 0.76% to KSh 5.28 from the previous KSh 5.24. 37,000 kengen shares changed hands, recording a turnover of KSh 195,458.
Safaricom retained its position as the day’s top mover at the bourse with 6.68 Million shares traded at a price of KSh 30.30. A 0.66% price appreciation from Monday’s share price of KSh 30.10.
Other top movers at the bourse included KPLC (775,600), Equity Group (331,600), Centum (294,500) and ABSA Bank (203,900).
Media giant Standard Group Limited was the top gainer at the bourse, with its share price rising 9.94% to KSh 19.90.
It was followed by Home Afrika which rose 7.7% to KSh 0.42, Carbacid Investments which edged up 5.7% to KSh 8.88, NSE whose share price rose 4.20% to KSh 8.44, and Car& General whose share price climbed 4.17% to KSh 25.00.
The worst-performing stocks were led by Eveready, which slumped 6.19% to trade at KSh 0.91. It was followed by Olympia Capital share price fell 5.88% to KSh 1.92 while Standard Chartered Bank Kenya lost 3.76% to trade at KSh 153.50. Co-operative Bank share price declined 3.38% to KSh 11.45 while CIC Group shed 1.34% of its share price to close trading at KSh 2.21.
The benchmark NSE All Share Index (NASI) gained 0.09 points to close at 139.79. The NSE 20 Share Index lost 2.76 points to close at 1809.66 from the previous 1812.42, a drop of 0.15%. The NSE 25 Share Index lost 5.01 points or 0.16% to close at 3205.30 from the previous level of 3210.31.
The derivatives market traded two contracts valued at KSh 74,400.
Bonds worth KSh 2.83 billion were traded in 48 deals against the KSh3.67 billion worth of bonds transacted in Monday’s trading session.
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