The volume of shares traded at the Nairobi Securities Exchange(NSE) increased to 17.69 Million on Wednesday 16th September 2020. This is compared to 11.48 Million shares traded on Tuesday.
Total turnover increased to KSh 550.65 Million from KSh 303.09 Million at the close of the previous trading period.
The NSE 20 dipped by a marginal 0.09% to 1877.80 from 1,879.44. However, the NSE 25 was up 0.05% from 3,259.34 to 3,260 while the broad NASI also rose 0.30% from 140.62 to 141.04.
Safaricom was the biggest mover on a volume of 13.63 Million shares. Its share price took a slight drop from KSh 30.15 to KSh 30.10.
Other prime movers were Bamburi Cement on a volume of 614,400, KCB( 526,400), East African Breweries(451,900) and KPLC( 373,200).
Express Kenya was the biggest gainer at the bourse this Wednesday with its share price rising significantly by 9.34% to KSh 6.60. It was followed by HFCK at KSh 4.38(+7.88%), Bamburi Cement at KSh 29.50(+7.25%), KenGen share price rose by 2.73% to KSh 5.26 and Home Africa was up by 2.70% to KSh 0.38.
The biggest losers were led by Umeme Limited which was down 9.34% to KSh 6.60, Nation Media Group, Nairobi Business Ventures, Britam and East African Cables whose share price dipped 3.76% to KSh 1.79.
The derivatives market had 21 contracts valued at KSh 565,850 transacted in today’s session. This is compared to 2 contracts valued at KSh 74,000 transacted in the previous trading session.
The secondary bond market recorded a slump in activity with bonds worth KSh 2.66 billion transacted in 100 deals. This is compared to KSh 3.31 billion traded on Tuesday.