Nairobi Securities Exchange(NSE)Equity Turnover increased by 64.34% to KSh 2.45 Billion from the previous week’s KSh 1.49 Billion.
The volume of shares at the bourse last week rose 142.08% growth to close with 110.51 Million shares exchanging hands as compared to 45.65 Million the previous week.
The secondary bonds market posted a 2.99% decline with KSh 21.99 Billion worth of bonds traded against KSh 22.66 Billion recorded the previous week.
The NSE Market Capitalization rose by 1.5% to KSh 2.82 Trillion when the market closed for the weekend last Friday from KSh 2.78 Trillion the previous week.
Local investors were dominant in Safaricom Plc, Equity Group Holdings, KCB Group Plc and The Co-operative Bank of Kenya, while foreigners were focused on EABL Plc.
NSE INDICES
The benchmark NSE All Share Index(NASI) gained 1.5% week on week to close last week at 181.18 points. This index now stands at 19.11% in terms of year to date performance.
The NSE 20 Share Index fell by 13.39 points or 0.68%to 1961.07 points. The NSE 25 share index gained 32.97 points or 0.84% to close the week at 3,917.17 basis points.
Telcom giant Safaricom Plc was the week’s top mover and closed last week at KSh 43.00, on a volume of 28 Million shares and a turnover of KSh1.2Billion transacted; this was an equivalent of 49.74% of the week’s traded value.
The Banking Sector had shares valued at KSh 813 Million transacted, accounting for 33.16% of the week’s traded value.
Equity Group Holdings Plc gained 2.00% to close the week at KSh.51.00, up from KSh50.00 the previous week with shares valued at KSh227 Million transacted. KCB Group Plc had 4.4 Million shares valued at KSh210 Million transacted, closing the week at KSh47.15 per share.
Bank of Kigali (BK) Group Plc was last week’s top gainer, 18.06% higher to KSh38.25 per share from KSh 32.40 the previous week. Nairobi Business Ventures was the week’s worst performer, with a 14.94% share price decline to close at KSh 5.92 per share.
The Derivatives Market had a total of 71 contracts valued at KSh3.0 Million transacted; this was a decline compared to 110 contracts valued at KSh 4.3 Million posted the previous week.
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