Available data shows that the Nairobi Securities Exchange(NSE) weekly turnover dropped 23.17% to KSh 2.06 Billion when the bourse closed on Friday.
This is compared to a turnover of KSh 2.68 Billion transacted the prior week. The volume of shares exchanging hands at the bourse also declined by 17.3% to 84.3 Million shares than 101.97 Million the preceding week.
The benchmark NSE All-share index was up 0.92 points or 0.63.% to close the trading week at 148.04 points. This represented an overall year-to-date performance loss of 11.04%.
The NSE 20 share index gained 2.82 points or 0.16% to close Friday at 1,796.88 points. The NSE25 share index similarly gained 2.20 points or 0.12% from the prior week’s close to stand at 3,298.82.
The Banking Sector was the most active last week, recording a turnover of KSh911Million. This accounted for 44.24% of the week’s traded value.
Equity Group Holdings Plc was the most active counter with 11.5 Million shares valued at KSh 399 Million transacted. Equity’s share price declined 1.29% to close Friday at KSh 34.55. KCB Group Plc was second, moving 5.8 million shares valued at KSh 216 Million and closed the week at the price of KSh 36.80.
Safaricom’s turnover accounted for 41.06% of the week’s traded value, with 42 million shares valued at KSh 846 Million transacted. Its price rose 1.82% rise to close the week at KSh 32.95 per share.
The derivatives market closed the week with 168 contracts valued at KSh3.5 Million concluded. This is compared to 117 deals valued at KSh3.3 Million posted in the prior week.
Bonds worth KSh15.86 Billion were traded last week compared to a KSh 13.73 Billion turnover the prior week.
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