Market Report: July 06, 2020

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE).

A total of 22,303,800 shares in 1,238 deals, corresponding to a market value of KES 553,494,555.00, were traded.

Compared with the previous NSE trading day (Friday, July 3), today’s data shows 256% improvement in volume, 266% improvement in turnover, and 21% improvement in deals.

The current NSE market capitalization is KES 2.07 trillion.

In the aggregate, 45 NSE listed equities participated in trading, ending with 18 ✅gainers and 19 ?losers.

Liberty Kenya Holdings Plc [LBTY] led the gainers with ✅8.21% share price appreciation closing at KES 8.70 per share, followed by:

✅Trans Century Plc [TCL] (+8.11%)
✅Flame Tree Group Holdings [FTGH] (+7.91%)
✅Total Kenya Plc [TOTL] (+6.60%).

On the losing side, TPS Eastern Africa Plc [TPSE] came out last with an end-of-day price depreciation of ?9.62% closing at KES 11.75 per share, followed by:

?BOC Kenya Plc [BOC] (-6.09%)
?Centum Investment Company Plc [CTUM] (-3.78%)
?East African Breweries Plc [EABL] (-3.23%).

Safaricom Plc [SCOM] recorded the highest volume of 9.1 million traded shares, followed by:

➖Kenya Re-Insurance Corporation [KNRE] (4.37m)
➖Equity Group Holdings Plc [EQTY] (4.08m)
➖KCB Group Plc [KCB] (1.67m).

➡️The benchmark NSE All Share Index [NASI] declined ?1.58 points to close at 137.99

➡️The NSE 20 Share Index gained ✅3.16 points to close at 1949.12

➡️The NSE 25 Share Index declined ?25.96 points to close at 3193.30

The Derivatives Market had 2 contracts valued at Kes.103,000 transacted in today’s trading session, this was higher, compared to the 6 contracts valued at Kes 184,000 transacted the previous trading session.

The secondary bond market on the Nairobi Securities Exchange recorded a decline in activity with bonds worth Kes 2.41 Billion achieved in 81 deals on the market as compared to the Kes 1.14 Billion achieved in 77 deals during the previous trading session