Nairobi Securities Exchange( NSE) Weekly Turnover rose to KSh2.4Billion on 110Million shares against 1.4Billion on 45Million shares posted the previous week.
The Banking Sector had shares worth KSh 813 Million transacted, which accounted for 33.16% of the week’s traded value.
Equity Group Holdings rose by 2.00% to KSh 51.00, up from KSh50.00 registered the previous week with shares worth KSh227Million transacted.
KCB Group moved 4.4Million shares valued at KSh210 Million and closed the week at KSh47.15. The Co-operative Bank, up 1.10% to KSh13.80, moved 13Million shares valued at KSh185 Million.
The Construction & Allied Sector had shares worth KSh101 Million transacted, representing 4.13% of the week’s traded value.
Bamburi Cement was the most actively traded counter in this sector during the week, with 2.5Million shares valued at KSh99.9Million changing hands between KSh37.95 and KSh38.25.
The Manufacturing & Allied Sector had shares worth KSh166Million transacted, which represented 6.79% of the week’s traded value. E.A Breweries moved 684,000 shares worth KSh 123Million at a fairly stable price of KSh179.00.
B.A.T moved 96,000 shares valued at KSh43Million and closed the week at KSh453.00.
Safaricom was the NSE weekly top mover and closed the week 2.14% higher to KSh43.00 on a volume of 28Million shares valued at KSh1.2Billion; this represented 49.74% of the week’s traded value.
The Bond Market registered reduced activity with bonds worth KSh 20Billion transacted compared to KSh21Billion posted the previous week.
The Nairobi Securities Exchange (NASI) benchmark (all share index was on the gain this week, adding 1.5% week on week to close the week at 181.18 points.
This NASI now stands at 19.11% in terms of year to date performance.
However, the NSE 20 and the NSE 25 share indices were mixed, with the 20 share index losing 13.39 points or 0.68% while the 25 share index gained 32.97 points or 0.84% to close the week 1,961.07 points and 3,917.17 basis points, respectively.
The NSE 20 and the NSE25 share indices have gained up to 4.96% and 15.66%, respectively, in the year-to-date performance.
NSE Weekly top gainer, loser and mover
Safaricom Plc was the week’s top mover and closed the week 2.14% higher to KSh43.00 with a volume of 28 million shares valued at KSh1.2Billionn transacted an equivalent of 49.74% of the week’s traded value.
Bank of Kigali (BK) Group Plc was the week’s top price gainer, closing the week 18.06% higher to KSh38.25 per share from KSh 32.40 when trading ended at the counter the previous week.
It was followed by Umeme, which was up 9.37% to KSh 7.00, Standard Group which closed 7.82% higher to KSh 20.00, Sanlam, which edged up 6.94% to KSh 11.55 and BOC Kenya, which gained 5.45% from KSh 64.25 the previous week to KSh 67.75 on Friday last week.
Nairobi Business Ventures was the week’s top laggard, posting a 14.94% share price decline to close the week at KSh 5.92 per share.
It was followed by Home Afrika, which was down 12.20% to KSh 0.36, Car &General, which declined 10% to KSh 31.50, Olympia Capital which was down 9.17% to close the week at KSh 1.98 and Uchumi, which lost 7.41% of its price to close the week at KSh 0.25.
The Derivatives Market closed the week with a total of 71 contracts valued at KSh 3.0 Million transacted. This was a decline in turnover on the NEXT compared to the 110 contracts valued at KSh 4.3 Million posted the previous week.
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