The Nairobi Securities Exchange(NSE) opened this week with a volume of 20.5 Million shares, changing hands in 1198 deals resulting in an Equity Turnover of KSh 659.3 Million.
This is against 13.9 Million shares valued at KSh 545 Million posted on Friday last week, an increase of 19% in turnover. The data shows that there was also a 37% increase in the volume of shares traded and a 10% improvement in deals.
NSE INDICES
The NSE All-Share Index was up 1.53 points to 187.86, while the NSE 20 Share Index gained 4.60 points to 2020.37. The NSE 25 Share Index added 24.92 points to end the day at 4081.23.
The top price gainer was Kakuzi, which was up 8.64% from KSh 382.00 to KSh 415.00.
Kakuzi Limited began 2021 with a share price of KSh365.00 and has since gained 13.7% on that price valuation, ranking it 16th on the NSE in terms of year-to-date performance.
The stock has accrued 11% over the past four-week period—fifth-best on NSE.
Kakuzi was followed by Sameer Africa, which gained 5.45% from KSh 33.30 to KSh 3.48, Total which was up 3.17% to KSh 26.00 from the previous 25.20, East African Cables, which gained 2.82% from KSh 1.42 to KSh 1.46, KenGen which appreciated by 2% to KSh 4.58 from the previous 4.49 and Umme Limited which gained 1.53% to KSh 6.64.
The worst performing counter was Liberty Kenya Holdings which declined by 8.89% to KSh 8.20, followed by Eaagads, which was down 7.99% to KSh 13.25.
It was followed by Sanlam Kenya, which lost 5.04% to settle at KSh 11.30, Standard Group, which was down 2.81% to KSh 19.00, BOC Kenya, which declined by 2.58% to KSh 66.00 and East African Portland Cement, which fell by 1.85% to close at KSh 8.50.
Safaricom was the day’s main feature, with 7.7Million shares valued at KSh346Million changing hands between KSh 44.00 and KSh 45.25; this represented 52.61% of the day’s traded value.
Other prime movers were C0-operative Bank of Kenya(3.79Million), Absa Bank Kenya( 2.69 Million) and Equity Group Holdings( 2.47 Million).
The Banking Sector had shares worth KSh276Million transacted, which accounted for 41.96% of the day’s traded value.
Equity Group Holdings actively moved 2.4Million shares valued at KSh131Million at between KSh52.50 and KSh53.50.
Co-operative Bank of Kenya, unchanged at KSh13.70, moved 3.7Million shares valued at KSh51.8Million. KCB Group moved 1Million shares valued at KSh50M and closed at KSh48.00.
The Construction & Allied sector had shares worth KSh6.8Million transacted & accounted for 1.04% of the day’s traded value. Bamburi Cement traded 174,000 shares valued at KSh6.76Million at between KSh38.75 and KSh39.45.
The Manufacturing & Allied sector had shares worth KSh11Million transacted & accounted for 1.72% of the day’s traded value. E.A Breweries moved 41,000 shares valued at KSh7.5Million and closed at KSh180.00.
The Secondary Bond Market had bonds worth KSh1.8Billion transacted.
ALSO READ: NSE Equity Turnover Declines 55% to KSh 621.5 Million
