Home Business NSE turnover dips with Kenya Power recording highest volume

NSE turnover dips with Kenya Power recording highest volume

by kenya-tribune
17 views

At the end of Monday’s trading at the Nairobi Securities Exchange (NSE), 9,766,600 shares valued at KSh 202.8 Million were traded.

Monday’s trading showed 77% decline in volume, 78% decline in turnover, and 10% decline in deals compared to Friday’s trading.

Express Kenya was the top gainer with a 7.14% share price appreciation closing at KSh 6.00 per share. It was followed by East African Cables, STANLIB Fahari Income, and TPS Eastern Africa.

Bamburi Cement was the biggest loser with its share price depreciating 9.36% to close at KSh 31.00 per share.

Other losers were Longhorn Publishers, Liberty Kenya and Trans Century Plc whose price fell by 4.38%.

Kenya Power & Lighting Company recorded the highest volume of 2.9 million traded shares, followed by CIC Insurance (2.16Million), Kengen (1.16Million) and Safaricom(898,900).

The benchmark NSE All-Share Index [NASI] dropped 2.04 points to close at 142.54. The NSE 20 Share Index dropped 11.91 points to close at 1957.54. The NSE 25 Share Index dropped 33.93 points to close at 3298.34

The Derivatives market of the NSE had no contracts concluded in yesterday’s trading session.

The secondary bond market on the Nairobi Securities Exchange recorded a moderate rise in activity with bonds worth KSh 2.77 Billion traded in 101 deals.

This is compared to the KSh 2.27 Billion traded in 100 deals recorded during the previous trading session.

ALSO READ: NSE Turnover Rises 83% to KSh936 Million

You may also like