Weekly turnover at the Nairobi Securities Exchange(NSE) declined to KSh 3.4 Billion for the period ended 25th September, 2020 from KSh 5 billion turnover in the previous week.
The volume of shares traded reached 122 Million shares, a decline from 176 Million shares traded the previous week.
The benchmark NSE All-Share Index (NASI) added 0.13 points to close the week at 140.37, a gain of 0.09% but an overall year-to-date loss of 15.65%.
The NSE 20 and the NSE 25 Year to date performances stand at a negative of 30.39% & 20.93% respectively.
Boosted by strong interest from foreign investors, the banking sector was the most actively traded with shares worth KSh1.7 Billion transacted, accounting for 50.79% of the week’s traded value.
Equity was the most active counter in the banking sector with 35 Million shares valued at KSh1.2 Billion changing hands at between KSh35.45 and KSh37.00. KCB moved 7.6 Million shares valued at KSh291 Million, for KSh38.90.
Safaricom was the week’s prime mover with 47.8 Million shares valued at KSh 1.4 billion traded. This accounted for 41.78 % and 39.18% to the total equity turnover and volumes traded in the week, respectively.
The derivatives closed the week with a total of 19 contracts valued at KSh.596,000 concluded in this week’s trading session.
The secondary bond market saw a decline in activity with bonds valued at KSh12.0 billion transacted against KSh 15.5 billion transacted the previous week.