Turnover at the Nairobi Securities Exchange (NSE) reached KSh 1.2 Billion when markets closed Monday 31st, August 2020. This is on a volume of 42.54 Million shares traded in 1,181 deals.
On Friday, turnover was KSh 670.97 million, buoyed by the race by listed firms to meet the statutory deadlines for publication of half-year earnings.
The biggest movers this Monday were led by Safaricom which moved 25.9 Million shares. It was followed by Equity( 5.89 Million), Bank of Kigali(3.28 Million), KCB(2.05 Million) and Co-operative Bank(1.53 Million).
Safaricom traded shares worth KSh 776Million changing hands at between KSh 29.50 and KSh30.00; this represented 64.67% of the day’s traded value.
All indices were up with the NSE 20 Share Index rising 0.06% from 1793.76 to 1,794.85. The NSE 25 Share Index rose from 3186.97 to 3223.79, an increase of 36.82 points while the NSE All-Share Index climbed 0.94 from 138.74 to 139.68, a 0.68% increase.
The gainers were led by Stanlib Fahari Income REIT, whose share price increased by 7% to KSh 5.50, I&M up 6.11% to KSh 46.00, Jubilee appreciating 4.66% to KSh 230.00, ABSA share price rising 4.61% to KSh 9.98 and Olympia Capital Holdings which saw its share price climbing 4,35% to KSh 2.40.
The losers were led by Nairobi Business Ventures (NBV), whose share prices fell by 6.78% to 55 cents, WPP Scangroup, Longhorn Publishers Limited, Stanbic Holdings and East African Cables.
The Banking Sector had shares worth KSh363Million transacted which accounted for 30.24% of the day’s traded value.
Equity Group Holdings was the most actively traded counter in this sector with 5.8Million shares valued at KSh215Million changing hands at between KSh36.50 and KSh37.00.
KCB Group was up 1.65% to KSh37.00 and moved 2Million shares valued at KSh75.6Million. BK Group moved 3.2Million shares worth KSh49Million and closed at KSh15.00.
The Bond market had bonds worth KSh8.4Billion transacted.
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