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    Perfomance at the NSE Unchanged after the Attack

    Miriam
    By Miriam Wangui
    - January 17, 2019
    - January 17, 2019
    Kenya Business news
    Perfomance at the NSE Unchanged after the Attack

    Activity at the Nairobi Securities Exchange went on as usual unaffected by the terrorist attack on 14 Riverside Drive. 31 listed stocks (almost half of NSE’s listed companies) recorded a gain in market value. Only 15 listed companies recorded a drop in their share price. The top five companies that registered most trades are; Safaricom, KCB group, Kengen, Kplc, and Home Africa Limited.

    More than Ks14.05 million Safaricom shares traded at the exchange today. The company’s share price moved up 1.2 per cent from its previous closing price of Ks23.50 to Ksh23.80.

    TPS Eastern Africa, a company in the hotel and tourism sector lost 4.35 per cent of its stock value. Although it is a marginal drop, it could be linked to an expected decline in tourist numbers following yesterday’s attack.

    The shilling registered an insignificant drop to the US dollar to today’s rate Ksh101.714 from yesterday’s exchange rate of Ksh101.697.

    RELATED; NSE to Upgrade its Systems after a Trading Hitch

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