Market Report: June 25, 2020
At the end of today’s trading session on the Nairobi Securities Exchange (NSE).
A total of 29,361,300 shares in 1,120 deals, corresponding to a market value of KES 696,538,059.00, were traded.
Compared with the previous NSE trading day (Wednesday, June 24), today’s data shows 55% decline in volume, 39% decline in turnover, and 16% decline in deals.
The current NSE market capitalization is KES 2.09 trillion.
In the aggregate, 43 NSE listed equities participated in trading, ending with 18 ✅gainers and 21 ?losers.
STANLIB Fahari Income REIT [FAHR] led the gainers with ✅7.27% share price appreciation closing at KES 5.90 per share, followed by:
✅Stanbic Holdings Plc [SBIC] (+5.00%)
✅Express Kenya Plc [XPRS] (+3.45%)
✅HF Group Plc [HFCK] (+3.22%).
On the losing side, East African Portland Cement Company [PORT] came out last with an end-of-day price depreciation of ?10.00% closing at KES 12.60 per share, followed by:
?Umeme Limited [UMME] (-7.65%)
?Olympia Capital Holdings [OCH] (-7.32%)
?Sameer Africa Plc [SMER] (-6.25%).
Safaricom Plc [SCOM] recorded the highest volume of 18.5 million traded shares, followed by:
➖Kenya Re-Insurance Corporation [KNRE] (4.42m)
➖Equity Group Holdings Plc [EQTY] (1.18m)
➖Kengen Plc [KEGN] (927,700).
➡️The benchmark NSE All Share Index [NASI] dropped ?0.90 points to close at 137.56
➡️The NSE 20 Share Index dropped ?5.53 points to close at 1937.96
➡️The NSE 25 Share Index dropped ?6.51 points to close at 3235.27
The secondary bond market on the Nairobi Securities Exchange recorded a rise in activity with bonds worth Kes 4.31 Billion achieved in 139 deals on the market as compared to the Kes 3.20 Billion achieved in 130 deals recorded during the previous trading session.