Market Report: 11 January, 2020.
At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) this week.
A total of 6,429,500 shares in 733 deals, corresponding to a market value of KES 196,193,141.00, were traded.
Compared with the previous NSE trading day (Friday, January 8), today’s data shows 31% decline in volume, 17% decline in turnover, and 9% decline in deals.
The current NSE market capitalization is KES 2.32 trillion.
In the aggregate, 46 NSE listed equities participated in trading, ending with 20 gainers and 17 losers.
Olympia Capital Holdings [OCH] led the gainers with ✅9.66% share price appreciation closing at KES 2.27 per share, followed by:
✅Sasini Plc [SASN] (+4.47%)
✅Eveready East Africa Plc [EVRD] (+4.35%)
✅Sanlam Kenya Plc [SLAM] (+4.17%).
On the losing side, Trans Century Plc [TCL] came out last with an end-of-day price depreciation of ?5.33% closing at KES 1.42 per share, followed by:
?Nairobi Business Ventures [NBV] (-5.29%)
?Britam Holdings Plc [BRIT] (-4.58%)
?Carbacid Investments Plc [CARB] (-2.37%).
Safaricom Plc [SCOM] recorded the highest volume of 3.9 million traded shares, followed by:
➖Kenya Power & Lighting Company Plc [KPLC] (963,800)
➖Equity Group Holdings Plc [EQTY] (314,600)
➖Kenya Re-Insurance Corporation [KNRE] (143,000).
➡️The benchmark NSE All Share Index [NASI] declined ?0.26 points to close at 153.92
➡️The NSE 20 Share Index declined ?4.06 points to close at 1892.39
➡️The NSE 25 Share Index declined ?7.94 points to close at 3436.08
The derivatives market of the Nairobi Securities Exchange had 10 single stock futures contracts valued at Kes 247,560 transacted. This was a growth in transaction value and deals as compared to the Kes 38,800 concluded in the previous trading session.
The secondary bond market of the Nairobi Securities Exchange posted a decline in activity during Monday’s trading session with bonds worth Kes 2.04 billion traded in 68 deals concluded as compared to the Kes 2.91 billion achieved in 68 deals during the Friday’s trading session.