Market Report: June 22, 2020
At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE).
A total of 9,766,600 shares in 1,148 deals, corresponding to a market value of KES 202,820,662.00, were traded.
Compared with the previous NSE trading day (Friday, June 19), today’s data shows 77% decline in volume, 78% decline in turnover, and 10% decline in deals.
The current NSE market capitalization is KES 2.16 trillion.
In the aggregate, 48 NSE listed equities participated in trading, ending with 18 ✅gainers and 20 ?losers.
Express Kenya Plc [XPRS] led the gainers with ✅7.14% share price appreciation closing at KES 6.00 per share, followed by:
✅East African Cables Plc [CABL] (+3.70%)
✅STANLIB Fahari Income REIT [FAHR] (+3.26%)
✅TPS Eastern Africa Plc [TPSE] (+3.23%).
On the losing side, Bamburi Cement Plc [BAMB] came out last with an end-of-day price depreciation of ?9.36% closing at KES 31.00 per share, followed by:
?Longhorn Publishers Plc [LKL] (-5.66%)
?Liberty Kenya Holdings Plc [LBTY] (-4.81%)
?Trans Century Plc [TCL] (-4.38%).
Kenya Power & Lighting Company Plc [KPLC] recorded the highest volume of 2.9 million traded shares, followed by:
➖CIC Insurance Group Plc [CIC] (2.16m)
➖Kengen Plc [KGEN] (1.16m)
➖Safaricom Plc [SCOM] (898,900).
➡️The benchmark NSE All Share Index [NASI] dropped ?2.04 points to close at 142.54
➡️The NSE 20 Share Index dropped ?11.91 points to close at 1957.54
➡️The NSE 25 Share Index dropped ?33.93 points to close at 3298.34
The Derivatives market of the NSE had no contracts concluded in today’s trading session.
The secondary bond market on the Nairobi Securities Exchange recorded moderate rise in activity with bonds worth Kes 2.77 Billion achieved in 101 deals on the market as compared to the Kes 2.27 Billion achieved in 100 deals recorded during the previous trading session.