Market Report; 12 October,2020
At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE),
A total of 8,680,100 shares in 717 deals, corresponding to a market value of KES 198,972,048.00, were traded.
Compared with the previous NSE trading day (Friday, October 9), today’s data shows 37% decline in volume, 39% decline in turnover, and 9% decline in deals.
The current NSE market capitalization is KES 2.1 trillion.
In the aggregate, 44 NSE listed equities participated in trading, ending with 17✅ gainers and 18? losers.
Flame Tree Group Holdings Plc[FTGH] led the gainers with 6.02% share price appreciation closing at ✅KES 1.41 per share, followed by
✅ Transcentury Plc[TCL] (+5.7%)
✅Nairobi Business Ventures [NBV] (+4.41%)
✅ Co-operative Bank of Kenya[COOP] (+3.04%).
On the losing side, HF Group Plc [HFCK] came out last with an end-of-day price depreciation of ?7.75% closing at KES 3.69 per share, followed by:
?Kenya Re-Insurance Corporation [KNRE] (-6.78%)
?Total Kenya Plc [TOTL] (-4.64%)
? Stanbic Holdings Plc[SBIC] (-3.88%).
Safaricom Plc[SCOM] recorded the highest volume of 3.1 million traded shares, followed by
➖Nairobi Securities Exchange Plc[NSE] (2.01m)
➖ Equity Group Holdings Plc[EQTY] (829,500)
➖ Transcentury Plc[TCL] (547,500).
The benchmark NSE All Share Index [NASI] gained
0.07 points to close at 140.14
The NSE 20 Share Index declined? 6.05 points to close at 1830.49
The NSE 25 Share Index gained
10.55 points to close at 3236.41
There were 5 contracts valued at Kes 139,000 was concluded during today’s transaction on the derivatives market of the NSE. This was a rise from the 1 contracts valued at Kes 36,000 concluded in the previous trading session.
The bonds market posted a moderate rise in turnover, with bonds worth Kes 3.11 billion transacted in 63 deals against the 2.96 billion worth of bonds transacted in Friday’s trading session.