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    1.0.32

    NSE Equity Turnover falls 35% to KSh 104M

    Jackson
    By Jackson Okoth
    - April 11, 2022
    - April 11, 2022
    Kenya Business newsMarkets
    NSE Equity Turnover falls 35% to KSh 104M

    The Nairobi Securities Exchange(NSE) recorded a decline in equity turnover to KSh 104 Million when trading ended at the bourse this Monday, compared to a turnover of KSh 160 Million on Friday last week a decline of 35%.

    The derivatives market had 25 contracts worth KSh 383,020 concluded compared to 2 contracts worth KSh 69,000 when trading ended at the bourse at the close of the previous session.

    The secondary bonds market had a bonds turnover of KSh 2.7 Billion from 67 deals compared to KSh 3 Billion from 97 deals at the end of the previous trading session.

    Data from the Nairobi bourse shows that the NSE 20 share Index was down 4.09 points to 1846.80. All Share Index NASI shed 2.29 points to settle at 154.99. The NSE 25 Share Index dropped 24.42 points to stand at 3541.22.

    Uchumi was the day’s top gainer, its share price rising by 5.88% from KSh 0.17 to KSh o.18, while the worst performing counter was Nairobi Business Ventures, which declined by 9.42% to KSh 4.52 from KSh 4.99.

    The Banking Sector had shares worth KSh72Million transacted, accounting for 69.27% of the day’s traded value.

    Standard Chartered Bank moved 159,000 shares worth KSh 22.8Million at between KSh143.00 and KSh144.00.

    Equity Group Holdings was up 0.91% to KSh 49.75 and moved 436,000 shares valued at KSh 21.7Million. KCB Group moved 496,000 shares valued at KSh 21.5Million and closed at KSh43.40.

    Safaricom traded 654,000 shares valued at KSh 22Million at between KSh34.00 and KSh35.00; this represented 21.45% of the day’s traded value.

    ALSO READ:NSE Weekly Equity Turnover falls 43% to KSh 1.1 B

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