NSE Daily Equity Turnover Soars to KSh 780.8 Million

Nairobi Securities Exchange(NSE) recorded a rise in daily equity turnover to KSh 780.8 Million when trading closed this Tuesday compared to KSh 389.8 Million at the previous session, an increase of 100.3%.

The number of shares also increased to 23.6 Million compared to the previous day’s 12.4 Million while the number of equity deals increased to 1313 from the previous day’s 990.

The NSE All-Share Index(NASI) was down 2.01 points to close at 176.35 while the NSE 20 Share index lost 3.06 points to close at 1959.67. The NSE 25 Share declined by 26.64 points to 3831.25.

Top price gainers and losers;

The top price gainers were led by Sasini which rose 7.50% to KSh 21.50 followed by HFCK which was up 6.99% to KSh 8.94, NSE which gained 4.68% to KSh 8.94, Stanbic Holdings which was up 4.65% to KSh 90.00 and Umeme which gained 3.60% to KSh 6.90.

The worst performer was Standard Group which declined by 4.44% to KSh 16.16 followed by Nairobi Business Ventures which declined by 4.40% to KSh 6.08, Uchumi which declined by 4.35% to KSh 0.22, Liberty Kenya which lost 3.75% to close at KSh 7.70 and WPP ScanGroup which declined by 3.06% to KSh 4.75.

Sasini was the prime mover with a volume of 9.92 Million followed by Safaricom(6.48Million), Centum(2.05Million), KPLC(1.02Million) and Equity Group(654,100).

Activity in the Bonds and Derivatives Market;

The Secondary Bond Market had a turnover of KSh 3.7 Billion a decline from yesterdays 5.7 Billion in 69 deals from the previous 124.

The Derivatives Market had 9 contracts worth 325,425 concluded compared to 16 contracts worth KSh 562,855 transacted the previous day.