Market Report; 04 September, 2020
At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) this week.
A total of 16,038,200 shares in 1,336 deals, corresponding to a market value of KES 192,825,433.00, were traded.
Compared with the previous NSE trading day (Thursday, September 3), today’s data shows 18% improvement in volume, 28% decline in turnover, but 15% improvement in deals.
The current NSE market capitalization is KES 2.09 trillion.
In the aggregate, 46 NSE listed equities participated in trading, ending with 17 ✅gainers and 20 ?losers.
WPP ScanGroup Plc [SCAN] led the gainers with ✅9.35% share price appreciation closing at KES 8.42 per share, followed by:
✅Nation Media Group Plc [NMG] (+9%)
✅Eaagads Limited [EGAD] (+8.7%)
✅Uchumi Supermarkets Plc [UCHM] (+7.69%).
On the losing side, ILAM Fahari Income REIT [FAHR] came out last with an end-of-day price depreciation of ?8.63% closing at KES 5.08 per share, followed by:
?Flame Tree Group Holdings Plc [FTGH] (-5.00%)
?HF Group Plc [HFCK] (-4.75%)
?Longhorn Publishers Plc [LKL] (-4.43%).
Kenya Re-Insurance Corporation [KNRE] recorded the highest volume of 7.1 million traded shares, followed by:
➖Safaricom Plc [SCOM] (3.28m)
➖Kenya Power & Lighting Company Plc [KPLC] (1.04m)
➖Nairobi Securities Exchange Plc [NSE] (896,200).
The benchmark NSE All Share Index [NASI] declined? 1.98 points to close at 139.27
The NSE 20 Share Index gained 2.65 points to close at 1855.04
The NSE 25 Share Index declined? 44.25 points to close at 3224.43
The derivatives market of the NSE had no contracts concluded on today’s trading session.
The secondary bond market on the Nairobi Securities Exchange recorded a rise in activity during today’s session with bonds worth Kes 6.37 billion transacted in 109 deals in as compared to the Kes 4.89 billion achieved in 127 deals during the previous trading session