Turnover at Nairobi Securities Exchange (NSE) plunged to KSh 94.41 when the bourse closed trading this Monday, 9th November, 2020. This is compared to a turnover of KSh 373.87 when the week ended on Friday last week.
This decline was on a volume of 5.43 Million shares that exchanged hands in 663 deals compared to a volume of 15.3 Million and 660 deals previously. The subdued conditions happened as foreign investors kept off the bourse, prompted by uncertainties surrounding the recently concluded US presidential polls
Foreign investors, who dominate activities at the bourse, were present on Safaricom and accounted for 64.1% of the volume of 2.28 Million shares and a turnover of KSh 69.99 Million.
Safaricom shares were down 1.76% to close at KSh 30.75 from the previous KSh 31.30.
Other top movers were KPLC (1.68 Million), Kenya Reinsurance (395,600), Britam (276,300) and KCB (246,100).
The top price gainer was Sameer Africa, whose share price rose 9.71% to KSh 3.39. It was followed by East African Cables Limited which was up 9.29% to KSh 1.53, Sanlam Kenya which was up 7.06% to KSh 13.65, Eaagards Limited which gained 5.66% to KSh 14.00 and Eveready which rose 5.56% to KSh 0.95.
BAT Kenya was the worst performer, its share price falling 4% to KSh 336.00. It was followed by KPLC which fell 3.93% to KSh 1.71, Uchumi which lost 3.33% to KSh 0.29, Flame Tree Group which was down 2.88% to KSh 1.35 and Britam which climbed down 2.67% to KSh 7.30.
The NSE All-Share index lost 1.57 points to settle at 139.75 while the NSE 25 was down 20.95 points to 3179.46 from the previous 3200.41. The NSE 20 Share Index declined 5.67points to 1763.87.
ALSO READ: NSE turnover drops to KSh 373.9 Million
