Business

NSE Daily Equity Turnover Rises 74% to Kes 193 Million

The Nairobi Securities Exchange (NSE) recorded a 74% rise in daily equity turnover during Wednesday’s trading session to Kes 193 million against the kes 111 million posted during the previous trading session.

The number of shares traded declined to 7 million during today’s trading session compared to the 5.5 million shares posted during Tuesday’s trading session.

The NSE All-Share Index declined 1.05 points to close at 157.93 followed by the NSE 20 Share Index which shed 2.23 points to settle at 1853.03. Consequently, the NSE 25 Share Index declined 19.09 points ending the day at 3592.81.

The Derivatives Market had a total of 6 contracts valued at Kes.228,000 transacted in today’s trading session.

NSE Gainers and Losers

Standard Group led the gainers during today’s trading session rising 9.84% to kes 13.40 per share, followed by East African Portland which was up 8.83% to kes 6.90, Unga Plc which picked up 5.00% to kes 28.35, followed by Nairobi business Venture which gained 4.35% to close at kes 4.80 per share.

Uchumi plc was the biggest loser during today’s trading session, shedding 5.00% to kes 0.19 per share, followed by Umeme Plc which lost 3.45% to kes 6.72, Eaagads Plc which was down 2.32% to kes 12.65, Eveready Plc came in fourth loosing 2.03% to kes 0.85 per share.

Safaricom was the day’s main feature with kes.4M shares valued at Kes.150M changing hands at Kes.34.55 and Kes.35.50; this represented 77.66% of the day’s traded value.

The Bond market had bonds worth Kes.3.9Bn transacted.


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