Market Report: June 10, 2020
At the end of today’s trading session on the Nairobi Securities Exchange (NSE).
A total of 33,266,400 shares in 1,383 deals, corresponding to a market value of KES 718,091,253.00, were traded.
Compared with the previous NSE trading day (Tuesday, June 9), today’s data shows 40% improvement in volume, 47% improvement in turnover, and 4% improvement in deals.
The current NSE market capitalization is KES 2.14 trillion.
In the aggregate, 46 NSE listed equities participated in trading, ending with 18 ✅gainers and 15 ?losers.
Flame Tree Group Holdings [FTGH] led the gainers with ✅9.52% share price appreciation closing at KES 1.84 per share, followed by:
✅Britam Holdings Plc [BRIT] (+9.46%)
✅Stanbic Holdings Plc [SBIC] (+6.75%)
✅Trans Century Plc [TCL] (+6.25%).
On the losing side, Eveready East Africa Plc [EVRD] came out last with an end-of-day price depreciation of ?8.70% closing at KES 1.05 per share, followed by:
?Olympia Capital Holdings [OCH] (-5.65%)
?Kenya Power & Lighting Company Plc [KPLC] (-4.17%)
?Nairobi Securities Exchange Plc [NSE] (-2.79%).
Safaricom Plc [SCOM]recorded the highest volume of 17.7 million traded shares, followed by:
➖Kenya Re-Insurance Corporation [KNRE] (3.73m)
➖Britam Holdings Plc [BRIT] (3.37m)
➖Kenya Power & Lighting Company Plc [KPLC] (2.68m).
➡️The benchmark NSE All Share Index [NASI] gained ✅ 0.96 points to close at 141.04
➡️The NSE 20 Share Index gained ✅ 4.47 points to close at 1986.48
➡️The NSE 25 Share Index gained ✅ 16.04 points to close at 3252.09
The Derivatives market of the NSE had three contracts valued at Kes 66,800 concluded on the market. These were the first trades on the derivatives market week.
The secondary bond market on the Nairobi Securities Exchange recorded a growth in activity with bonds worth Kes 2.20 Billion achieved in 149 deals on the market as compared to the Kes 2.97 Billion achieved in 128 deals recorded during the previous trading session