Turnover for the Nairobi Securities Exchange(NSE) declined to KSh 3.4 Billion in the past week from a turnover of KSh 4.2 Billion during the previous week that ended on July 10th, 2020.
The NSE All-Share Index lost 0.13 points last week to close at 132.25, representing a weekly loss of 0.13% and a year to date loss of 20.53%
The NSE 20 share index added 8.08 points to close at 1,909.36, representing a one week gain of 0.42% but a year to date loss of 28.07%.
The NSE 25 share index closed last Friday at 3,107.31. a weekly change of 15.30 points but a year to date loss of 22.42%.
The Derivatives Market of the NSE (NEXT) closed the week with a total of 19 contracts transacted valued at KSh 537,000.
There was thus a decline in deals but a rise in value from the 20 contracts valued at KSh 489,000 transacted the previous week.
The Secondary Bond Market traded bonds worth KSh 11.5 billion compared to the KSh 14 billion traded the previous week.
Global Scene
In the US, the S&P 500 Index made the largest gains since February. Most indices in Europe rose over the week on reports of progress in the development of a coronavirus vaccine.
The pan-European STOXX Europe 600 Index ended the week 1.6% higher. Germany’s Xetra DAX was up 2.26%, France’s CAC 40 1.99% higher and Italy’s FTSE MIB ahead by 3.24%. The UK’s FTSE 100 Index added 3%.
In China, stock prices slumped in a volatile trading week amid indications of economic weakness, renewed U.S. trade tensions, and profit-taking following recent gains.
The large-cap CSI 300 Index fell 4.4%, its biggest weekly decline since February, while the country’s benchmark Shanghai Composite Index lost 5.0%.
ALSO READ:Weekly Turnover at NSE Declines to KSh 1.5 Billion
