Nairobi Securities Exchange(NSE) Weekly equity turnover fell to KSh 1.5 Billion on a volume of 47.9 Million shares sold when trading ended at the bourse this week.
This compares to an Equity Turnover of KSh 2.44 Billion and a volume of 57.6 Million shares sold at the end of the previous week, an Equity Turnover drop of 30%.
In Friday’s trading session at the NSE, Daily Equity Turnover declined to KSh 208 Million from the previous day’s KSh 417 Million
NSE WEEKLY GAINERS AND LOSING COUNTERS
The Weekly top price gainers were led by Car&General which was up 19.18% to close the week at KSh 73.00 followed by EA Cables which was up during the week by 13.08% to KSh 1.21, TPS Serena which gained 7.26% to KSh 12.55; Trans-Century which rose 6.93% to KSh 1.08 and StanChart Bank of Kenya which rose 6.68% to KSh 139.75
The worst performing counters during the week were led by Sanlam, which declined by 13.73% to KSh 11.00 followed by Standard Group which fell 11.19% to KSh 11.90; HF Group which declined by 10.43% to KSh 3.09; Sasini which lost 9.37% to KSh 17.90 and Sameer which retreated 7.89% to KSh 2.45 when trading ended at the bourse this Friday.
The Derivatives market closed the week with a total of 294 contracts valued at KSh 9.6 Million.
The Banking Sector had shares worth KSh 680Million transacted which accounted for 44.65% of the week’s traded
value.
The Banking stocks registered price gains with KCB Group moving 8M shares valued at KSh362 Million and closed the week at KSh 44.60.
ABSA Bank Kenya was up 2.48% to KSh12.40 and moved 7.6 Million shares valued at KSh 93 Million.
Equity Group Holdings edged up 1.46% to KSh 52.00 with shares worth KSh79.9Million transacted.
Safaricom declined by 2.82% to KSh34.50, down from KSh35.50 registered the previous week, with shares worth KSh762 Million transacted; this represented 50.06% of the week’s traded value.
Other counters that were active during the week included KenGen, which closed the week 2.65% lower to KSh 3.68 on volume of 1.9Million shares valued at KSh7.3Million.
Kenya Power & Lighting was down 1.91% to KSh 1.54 and moved 1Million shares valued at KSh1.6Million. E. A Breweries was down 2.29% to KSh 149.50 and moved 353,000 shares valued at KSh 52.9Million.
B.A.T Kenya moved 9,000 shares valued at KSh4.7Million and closed the week at KSh 490.25.
The secondary bonds market registered improved activity with bonds worth KSh29 Billion transacted compared to 16.89 Billion registered the previous week.
ALSO READ:NSE Weekly Equity Turnover Hits Ksh 2.4Bn Dominated by the Banking Sector
