Total Equity Turnover at the Nairobi Securities Exchange(NSE) declined to KSh 453 Million when trading closed Friday 18th September 2020. This is compared to a year-high of KSh 3.8 Billion on Thursday and KSh 81 Million on Monday 14th September, 2020-the lowest level this year.
These wide swings at the NSE saw the volume of shares traded on 18th September 2020 drop significantly to 19.99 Million from a high of 123.65 Million on 17th September 2020.
The NSE 20 lost 21.64 points to settle at 1,844.60 from the previous 1,866.24 while the NASI fell 0.60% from 140.65 to 139.80 points. The NSE 25 lost 28.21 points from 3,248.16 to 3,219.95.
Safaricom was the prime mover at the bourse, with a volume of 5.89 Million shares changing hands at the price of KSh 29.95 compared to the previous KSh 30.00-a drop of 0.17%. This counter recorded a turnover of KSh 176.70 Million with activities dominated by foreign investors at 69.2%.
Uchumi also attracted huge interest from local investors with 3.62 Million of its shares being transacted at the price of 30 cents from the previous 31 cents per share.
Equity was also one of the big movers with a volume of 3.29 Million at the price of KSh 36.00 from the previous 36.05 and a turnover of KSh 118.85 Million.
BK Group moved a volume of 3.08 million shares at the price of KSh 13.50 followed by KPLC bring up the rear of top 5 most active counters at the price of KSh 1.81 on a volume of 1.09 Million.
The biggest price gainers were led by Nation Media Group whose shares were up 9.84% to trade at KSh16.75. It was followed by NCBA whose shares rose 6.88% to KSh 23.30, EABL up 5.15% to KSh 168.50, Sameer Africa at KSh 4.00-a rise of 3.36% and Home Africa closing the top ranks at KSh 0.41, an appreciation of 2.50%.
The losing counters had BK Group on the lead with its share price falling 10% to KSh 13.50 followed by Crown Paints, Stanbic Holdings at KSh 75, Eveready losing 4.04% to KSh 0.95 and Uchumi share price falling by 3.23% to KSh 0.30.
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