The value of traded shares at the Nairobi Securities Exchange( NSE) declined to KSh 414 Million at the end of trading on Wednesday. The turnover dipped by 12% from Tuesday’s trading value of KSh 473 Million.
The number of shares traded was 16 Million with Safaricom dominating market activity with 5.4 Million shares worth KSh 168 Million changing hands at between KSh 30.65 and KSh 31.00 to close the day at KSh 30.95. This represented 40.53% of the day’s traded value.
Car& General led the gainers with 9.93% share price appreciation closing at KSh 22.70 per share, followed by Home Afrika, (8.89%), Olympia Capital, (7.46%) and Sameer Africa (4.62%).
On the losing side, Britam was the biggest loser with an end-of-day price depreciation of 9.56% closing at KSh 8.70 per share, followed by Williamson Tea, Kenya Power and Diamond Trust Bank.
Safaricom recorded the highest volume of 5.4 Million traded shares, followed by Absa Bank Kenya (4 Million), Equity (1.62 Million) and Kenya Power (1.53 Million).
The benchmark NSE All-Share Index [NASI] gained 0.16 points to close at 144.90. The NSE 20 Share Index dropped 21.19 points to close at 2004.36. The NSE 25 Share Index gained 13.09 points to close at 3340.23.
The Derivatives market of the NSE had 5 single stock futures contracts valued at KSh 101,750 concluded in yesterday’s trading session. This is against the 15 contracts valued at KSh 436,510 concluded in the previous trading session.
The secondary bond market on the Nairobi Securities Exchange recorded a decline in activity with bonds worth KSh 1.29 Billion traded in 106 deals on the market as compared to the KSh 3.05 Billion traded in 142 deals recorded during the previous trading session.
ALSO READ: NSE Market Turnover Falls 46.6% to KSh 473 Million
