Market Report; 14 October,2020
At the end of today’s trading session on the Nairobi Securities Exchange (NSE)
A total of 23,873,800 shares in 818 deals, corresponding to a market value of KES 599,577,197.00, were traded.
Compared with the previous NSE trading day (Tuesday, October 13), today’s data shows 88% improvement in volume, 97% improvement in turnover, but 13% decline in deals.
The current NSE market capitalization is KES 2.1 trillion.
In the aggregate, 40 NSE listed equities participated in trading, ending with 19✅ gainers and 14🔻 losers.
Home Afrika Plc[HAFR] led the gainers with ✅7.69% share price appreciation closing at KES 0.42 per share, followed by:
✅ Uchumi Supermarkets Plc [UCHM] (+6.9%)
✅Liberty Holdings Plc [LBTY] (+6.44%)
✅ East African Cables Plc [CABL] (+4.9%).
On the losing side, Flame Tree Group Holdings Plc [FTGH]came out last with an end-of-day price depreciation of 🔻7.64% at KES 1.33 per share, followed by:
🔻 WPP ScanGroup Plc [SCAN] (-4.4%)
🔻 Sameer Africa Plc [SMER] (-2.78%)
🔻 Britam Holdings Plc [BRIT] (-2.6%).
Safaricom Plc [SCOM] recorded the highest volume of 12.3 million traded shares, followed by:
➖ Kenya Power & Lighting Company Plc [KPLC] (4.59m)
➖ KCB Group Plc [KCB] (4.26m)
➖ Equity Group Holdings Plc [EQTY] (1.28m).
The benchmark NSE All Share Index [NASI] declined 0.23 points to close at 139.74
The NSE 20 Share Index declined 6.01points to close at 1813.26
The NSE 25 Share Index declined 7.10 points to close at 3218.34
There were 2 contracts valued at kes 60,100 concluded during today’s transaction on the derivatives market of the NSE. This was similar to the 2 contracts valued at kes 60,100 concluded during the previous trading session.
The bonds market posted a further decline in turnover in today’s trading session, with bonds worth Kes 1.62 billion transacted in 45 deals against the 2.49 billion worth of bonds transacted in Tuesday’s trading session.