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    1.0.32

    NSE Daily Turnover Rises 146% to hit KSh 1.1 Billion

    Jackson
    By Jackson Okoth
    - May 17, 2021
    - May 17, 2021
    Kenya Business newsMarkets
    NSE Daily Turnover Rises 146% to hit KSh 1.1 Billion

    Nairobi Securities Exchange(NSE) recorded a turnover of KSh 1,102,657,782 after a total of 30.6 Million shares traded in 1,051 deals when trading ended at the bourse this Monday.

    Uchumi Supermarkets Plc was the top gainer, its share price rising 8.7% to KSh 0.25.

    It was followed by Nairobi Business Ventures(8.16%), Car and General Plc (7.32%) and Nation Media Group Plc (5.98%).

    NSE worst performers

    The worst performers were led by Flame Tree Group Holdings Plc, whose price fell by 7.8% to KSh 1.30.

    It was followed by Liberty Holdings Plc, which declined by 6.02%, TPS Eastern Africa Plc, which lost 5.45% and TransCentury Plc, which shed 4.24% as investors reacted to its decline in half-year earnings.

    Safaricom Plc remained the top mover with a volume of 24.8 Million traded shares, followed by KPLC (2.54Million), Equity Group Holdings Plc (1.22Million) and KCB Group Plc (961,400).

    The benchmark All Share Index declined1.32 points to close at 164.44. The NSE 20 Share Index declined 4.17 points to close at 1859.08, while the NSE 25 Share Index declined 24.24 points to close at 3562.38

    The Derivatives Market had 53 single stock futures contracts valued at KSh 1.60 Million concluded, compared to the 34 SSF contracts valued at KSh 1.23 Million concluded during the previous session.

    The Secondary Bond Market moved bonds worth KSh 6.55 Billion transacted in 120 deals compared to KSh 2.22 Billion worth of bonds achieved in 97 deals in the prior session.

    ALSO READ: Safaricom Volumes Drop at NSE as Investors react to the firm’s Declined Earnings

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