Market Report: 4 May 2020

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) this week.

A total of 28,019,400 shares in 1,166 deals, corresponding to a market value of KES 908,956,043.00, were traded.

Compared with the previous NSE trading day (Thursday, April 30), today’s data shows 42% improvement in volume, 114% improvement in turnover, but 9% decline in deals.

The current NSE market capitalization is KES 2.18 trillion.

In the aggregate, 40 NSE listed equities participated in trading, ending with 17 ✅ gainers and 17 ? losers.

NCBA Group Plc [NCBA] led the gainers with ✅ 8.6% share price appreciation closing at KES 30.95 per share, followed by :

✅Total Kenya Plc [TOTL] (+7.88%)
✅ Kenya Airways Plc [KQ] (+7.87%)
✅Trans Century Plc [TCL] (+5.88%).

On the losing side, Liberty Kenya Holdings [LBTY] came out last with an end-of-day price depreciation of ?9.83% at KES 7.52 per share, followed by:

? Carbacid Investments Plc [CARB] (-6.48%),
?WPP ScanGroup Plc [SCAN] (-4.06%)
?Uchumi Supermarkets Plc [UCHM] (-3.7%).

Safaricom Plc [SCOM] recorded the highest volume of 15.9 million traded shares, followed by
➖Equity Group Holdings Plc [EQTY] (6.67m)
➖KCB Group Plc [KCB] (2.7m)
➖Kenya Power & Lighting Company Plc [KPLC] (525,700).

➡️The benchmark NSE All Share Index [NASI] gained ✅3.73 points to close at 143.42

➡️The NSE 20 Share Index gained ✅ 32.57 points to close at 1990.64

➡️The NSE 25 Share Index gained ✅ 81.05 points to close at 3373.69

The Derivatives market of the NSE remained silent with no contracts concluded in today’s trading session.

The secondary Bond market at the Nairobi Securities Exchange recorded a decline in activity with bonds worth Kes 1.99 Billion trading in 93 deals, as compared to Thursday’s turnover of Kes 2.0 Billion which was achieved in 144 deals.

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