Nairobi Securities Exchange(NSE) Weekly Equity Turnover rose to KSh 1.9 billion on 62 Million shares when the four-day trading week ended.
This equity turnover is compared to a turnover of KSh 1.3 billion on 42 Million shares posted the previous week, an increase of 46.15%.
The Week-on-Week Performance of the indices shows that the NSE 20 share index was down 18.65 points to stand at 1853.74.
The NSE All-Share Index (NASI) shed 3.37 points during the week to settle at 154.85, while the NSE 25 Share Index shaved off 60.50 points to settle at 3528.49.
In the Derivative Markets, the NSE closed the week with a total of 82 contracts valued at KSh 2.25Million.
In Friday’s trading session, market turnover retreated to KSh251Million from KSh 799Million, while the number of shares traded stood at 6.6Million against 26Million posted the previous session.
The Banking Sector had shares worth KSh 505Million transacted, which accounted for 26.06% of the week’s traded value.
Equity Group Holdings went down 0.50% to KSh 49.75 and moved 6Million shares valued at KSh 316Million.
Standard Chartered Bank moved 587,000 shares valued at KSh 85Million and closed at KSh 85.00. Stanbic Holdings was down 4.08% to KSh100.00 and moved 396,000 shares valued at KSh41.5Million.
The Energy & Petroleum Sector had shares worth KSh58.9Million transacted, representing 3.03% of the week’s traded value.
Umeme Limited closed 3.02% higher to KSh8.20 on a volume of 6.67Million shares valued at KSh53Million. Kenya Power & Lighting was down 6.67% to KSh1.40 and moved 2.8Million shares valued at KSh3.9Million.
Safaricom declined by 3.12% to KSh34.20, down from KSh35.30 registered the previous week, with shares worth KSh1.2billion transacted; this represented 65.66% of the week’s traded value.
The Bond Market registered reduced activity with bonds worth KSh11.8 billion transacted compared to KSh15 billion reported the previous week.