At the close of activity at the Nairobi Securities Exchange(NSE) on Friday, 12th June, Safaricom recorded the highest volume of 21.3 million traded shares. It was followed by Kenya Re-Insurance (8.25 million), Britam (5.09 million), and KCB Group (3.2 million).
A total of 47,998,100 shares worth KSh1.1 billion were traded.
Britam led the gainers with a 9.95% share price appreciation closing at KSh9.72 per share, followed by East African Cables (9.30%), Home Afrika (4.55%), and Kenya Power & Lighting Company (4.09%).
On the losing side, Car and General came out last with an end-of-day price depreciation of 9.03%, closing at KSh20.65 per share. It was followed by Flame Tree Group, Stanbic Holdings, and Sasini Plc.
The benchmark NSE All Share Index [NASI] gained 0.10 points to close at 142.88. The NSE 20 Share Index gained 16.74 points to close at 2011.77. The NSE 25 Share Index dropped 1.12 points to close at 3285.90
The Derivatives market of the NSE closed the week with no contract concluded on the market. This is against the five contracts valued at KSh149,250 concluded on the market in the previous trading session.
The secondary bond market on the Nairobi Securities Exchange recorded growth in activity with bonds worth KSh1.17 billion achieved in 94 deals on the market.
Activity at the bourse is expected to improve following the launch of a Mobile App designed to provide market participants with convenient, faster, and real-time access to the Exchange’s activities. The App features market snapshots, stock prices, market analytics, financial news, and is a gateway to stockbroker apps.
ALSO READ: NSE Market Turnover Dips by 50%
