Market Report; 08 January, 2021
At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) this week.
A total of 9,269,900 shares in 804 deals, corresponding to a market value of KES 237,801,522.00, were traded.
Compared with the previous NSE trading day (Thursday, January 7), today’s data shows 63% improvement in volume.
The current NSE market capitalization is KES 2.32 trillion.
In the aggregate, 46 NSE listed equities participated in trading, ending with 31 gainers and 11 losers.
Flame Tree Group Holdings [FTGH] led the gainers with ✅5.38% share price appreciation closing at KES 1.37 per share, followed by:
✅Home Afrika Plc [HAFR] (+5.26%)
✅Crown Paints Kenya Plc [CRWN] (+4.47%)
✅Uchumi Supermarkets Plc [UCHM] (+3.57%).
On the losing side, Bank of Kigali Group Plc [BKG] came out last with an end-of-day price depreciation of ?6.1% closing at KES 19.25 per share, followed by:
?East African Portland Cement Company Plc [PORT] (-5.09%)
?Eveready East Africa Plc [EVRD] (-3.36%)
?CIC Insurance Group Plc [CIC] (-2.33%).
Safaricom Plc [SCOM] recorded the highest volume of 4.8 million traded shares, followed by:
➖Kenya Power & Lighting Company Plc [KPLC] (1.95m)
➖Equity Group Holdings Plc [EQTY] (884,600)
➖Kengen Plc [KEGN] (537,100).
➡️The benchmark NSE All Share Index [NASI] gained ✅0.24 points to close at 154.18
➡️The NSE 20 Share Index gained ✅16.54 points to close at 1896.46
➡️The NSE 25 Share Index gained ✅5.98 points to close at 3444.02
The derivatives market of the Nairobi Securities Exchange had 4 single stock futures contracts valued at Kes 38,800 transacted. This was a decline in transaction value and deals as compared to the Kes 364,870 concluded in the previous trading session.
The secondary bond market of the Nairobi Securities Exchange posted an growth in activity during Friday’s trading session with bonds worth Kes 2.911 billion traded in 42 deals during today’s trading session as compared to the Kes 606.05 million achieved in 24 deals during the previous trading session.