Market Report: July 09, 2020
At the end of today’s trading session on the Nairobi Securities Exchange (NSE).
A total of 47,288,500 shares in 1,418 deals, corresponding to a market value of KES 1,294,185,188.00, were traded.
Compared with the previous NSE trading day (Wednesday, July 8), today’s data shows 59% improvement in volume, 57% improvement in turnover, but 10% decline in deals.
The current NSE market capitalization is KES 1.99 trillion.
In the aggregate, 50 NSE listed equities participated in trading, ending with 15 ✅gainers and 24 ?losers.
Eaagads Limited [EGAD] led the gainers with ✅10.00% share price appreciation closing at KES 9.90 per share, followed by:
✅Trans Century Plc [TCL] (+9.32%)
✅I&M Holdings Plc [IMH] (+3.87%)
✅East African Cables Plc [CABL] (+3.17%).
On the losing side, Express Kenya Plc [XPRS] came out last with an end-of-day price depreciation of ?9.80% closing at KES 4.60 per share, followed by:
?Jubilee Holdings Plc [JUB] (-6.24%)
?Home Afrika Plc [HAFR] (-4.35%)
?Sanlam Kenya Plc [SLAM] (-4.03%).
Safaricom Plc [SCOM] recorded the highest volume of 30 million traded shares, followed by:
➖Equity Group Holdings Plc [EQTY] (8.56m)
➖Bank of Kigali Group Plc [BKG] (2.97m)
➖KCB Group Plc [KCB] (1.94m).
➡️The benchmark NSE All Share Index [NASI] declined ? 1.89 points to close at 132.51
➡️The NSE 20 Share Index declined ?14.17 points to close at 1907.82
➡️The NSE 25 Share Index declined ?40.18 points to close at 3094.19
There were no contracts concluded on the derivatives market of the Nairobi Securities Exchange.
The secondary bond market on the Nairobi Securities Exchange recorded a decline in activity with bonds worth Kes 2.68 Billion achieved in 88 deals on the market as compared to the Kes 4.5 Billion achieved in 111 deals during the previous trading session.