Nairobi Securities Exchange(NSE) recorded an increase in turnover to KSh 433.1 Million or 76% rise when trading ended at the close of the week, Friday 16th July 2021.
A total of 12,141,300 shares in 1,083 deals were traded, an improvement of 69% in volumes and 4% improvement in deals.
The current Market Capitalization of the NSE is KSh 2.71 trillion.
NSE gainers and losers
In the aggregate, 49 listed equities participated in trading at the NSE, ending with 14 gainers and 21 losers.
Williamson Tea Kenya led the gainers with 9.34% share price appreciation closing at KSh 152.25 per share. Williamson Tea Kenya Limited is a Kenya-based company engaged in the cultivation, manufacture and distribution of tea.
The Company operates Changoi tea farm situated in the area of the Great Rift Valley; Kapchorua tea farm, located on the Nandi hills, Kaimosi farm placed in the North Nandi District, as well as Tinderet farm located in the vicinity of Great Rift Valley.
Williamson Tea Kenya Limited distributes its products under Duchess Grey, Traditional Afternoon, Lifeboat Tea and Special Blend brands, among others.
The WTK stock closed its last trading day this Friday, July 16, 2021, on a volume of 4000 shares, its share price going up by KSh 13.00 to KSh 152.25 per share from the previous close of KSh 139.25.
WTK began the year with a share price of KSh 130.25 and has since gained 16.89% on that price valuation, ranking it 14th on the NSE in terms of year-to-date performance.
Williamson was followed by Car and General Kenya, whose price was up 9.09%, Nairobi Securities Exchange increasing its share price by 4.5% and Stanbic Holdings’s share price rising by 2.16%.
The worst performers were led by Trans Century whose share price fell 10% to KSh 1.17 per share, followed by Crown Paints Kenya whose price declined by 10%, CIC Insurance Group, which was down by 9.28% and Unga Group, which lost 8.75% of its share price at the close of trading this Friday.
The current share price of Trans Century Limited (TCL) is KSh 1.17 from the previous KSh 1.30 on a volume of 11,800 shares, a loss of KSh 0.13.
TCL began the year with a share price of KSh 1.45 but has since lost 19.31% off that price valuation, ranking it 56th on the NSE in terms of year-to-date performance. Shareholders’ worries are further compounded by the fact that TCL has lost 22.52% of the stock’s value from June 18 to date
Safaricom, with a market cap of KSh 1.17 Trillion- recorded the highest volume of 7.5 Million traded shares, followed by Equity Group Holdings with a market cap of KSh 183.21 Billion moving 1.41Million shares, Co-operative Bank of Kenya (598,500), ScanGroup (358,100)and ABSA moving a volume of 344,400 shares. The current share price of Safaricom Plc (SCOM) is KSh 42.60.
The benchmark NASI Index, which is a market capitalization-weighted index(base value of 100 as of January 2008) close at 178.49 after losing 0.29, a 16% decline. The NASI year-to-date gain is 26.38 or 17.34%.