Market Report; 21 September, 2020

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

A total of 8,397,700 shares in 760 deals, corresponding to a market value of KES 203,439,767.00, were traded.

Compared with the previous NSE trading day (Friday, September 18), today’s data shows 58% decline in volume, 55% decline in turnover, and 4% decline in deals.

The current NSE market capitalization is KES 2.1 trillion.

In the aggregate, 48 NSE listed equities participated in trading, ending with 17 gainers and 21 losers.

Crown Paints [CRWN] led the gainers with ✅9.13% share price appreciation closing at KES 49.00 per share, followed by:

✅Nation Media Group Plc [NMG] (+8.57%)
✅Nairobi Business Ventures [NBV] (+8.33%)
✅ILAM Fahari Income REIT [FAHR] (+7.97%).

On the losing side, Liberty Kenya Holdings Plc [LBTY] came out last with an end-of-day price depreciation of ?6.02% closing at KES 7.50 per share, followed by:

?HF Group Plc [HFCK] (-5.49%)
?Carbacid Investments Plc [CARB] (-5.21%)
?East African Breweries Plc [EABL] (-3.87%).

Co-operative Bank of Kenya [COOP] recorded the highest volume of 1.9 million traded shares, followed by:

➖KCB Group Plc [KCB] (1.57m)
➖Equity Group Holdings Plc [EQTY](1.51m)
➖Safaricom Plc [SCOM] (1.43m).

➡️The benchmark NSE All Share Index [NASI] declined? 0.70 points to close at 139.54
➡️The NSE 20 Share Index gained ✅1.33 points to close at 1848.74
➡️The NSE 25 Share Index declined? 19.48 points to close at 3219.29

There were no contracts concluded in today’s trading session on the derivatives market of the NSE.

Trading on the secondary bond market on the Nairobi Securities Exchange was moderately higher on Monday, with bonds worth Kes 2.11 billion transacted in 49 deals in as compared to the Kes 1.59 billion achieved in 74 deals posted in the Friday’s trading session