Nairobi Securities Exchange (NSE) recorded an 81% increase in Equity Turnover to KSh 237.8 Million from 804 deals that saw volume of shares increase by 60%. This is compared to an NSE’s total market turnover of KSh 130.97 recorded Thursday.
This somewhat sluggish performance at the bourse happens as the first trading week of 2021 comes to an end with investors trooping back after Christmas and New Year holidays.
Movers
Safaricom has the most dominant counter at the NSE, moving a volume of 4.8 Million shares followed by KPLC( 1.95 Million), Equity(884,600) and KenGen( 537,100).
Derivatives
The derivatives market at the NSE had four single stock futures contracts valued at KSh 38,800 transacted.
Thus, the bourse recorded a decline in the derivatives segment in terms of transaction value and deals compared to deals worth KSh 364,870 concluded previously.
The NSE had Bonds worth KSh 2.911 Million which traded in the secondary bond market compared to the KSh 606.05 Million achieved in 24 deals during the previous session.
Gainers
The top price gainer at the NSE was Flame Tree Group Holdings(FTGH) which was up 5.38% to KSh 1.37. FTGH was then followed by Home Afrika(5.26%), Crown Paints(4.47%) and Uchumi Supermarket( 3.57%).
Losers
The worst performer was Bank of Kigali which declined by 6.1% to settle at KSh 19.25. The lender was followed by East African Portland, which declined by 5.09%, Eveready East Africa, which fell by 3.36% and CIC Group whose share price was down 2.33%.
NSE indices
All indices were up with the NSE All-Share Index up 0.24 points to 154.18 while the NSE 20 Share Index gained 16.54 points to 1896.46. The NSE 25 Share Index was up 5.98 points to 3444.02.
