Market Report: 26 May, 2020

At the end of today’s trading session on the Nairobi Securities Exchange (NSE) [May-26-2020],

A total of 18,138,600 shares in 1,296 deals, corresponding to a market value of KES 592,420,601.00, were traded.

Compared with the previous NSE trading day (Friday, May 22), today’s data shows 19% decline in volume, 7% decline in turnover, but 37% improvement in deals.

The current NSE market capitalization is KES 2.11 trillion.

In the aggregate, 44 NSE listed equities participated in trading, ending with 20 ✅ gainers and 20 ? losers.

Kenya Airways Plc [KQ] led the gainers with ✅ 9.84% share price appreciation closing at KES 3.46 per share, followed by;

✅Flame Tree Group Holdings Plc [FTGH] (+9.09%)
✅Olympia Capital Holdings [OCH](+8.5%)
✅STANLIB Fahari Income REIT [FAHR] (+4.85%).

On the losing side, Unga Group Plc [UNGA] came out last with an end-of-day price depreciation of 10% closing at KES 27.00 per share, followed by;

?Equity Group Holdings Plc [EQTY] (-5.39%)
?Trans Century Plc [TCL] (-3.55%)
?Uchumi Supermarkets [UCHM] (-3.23%).

Safaricom Plc [SCOM] recorded the highest volume of 6.7 million traded shares, followed by

➖KCB Group Plc [KCB] (4.32m),
➖Equity Group Holdings Plc [EQTY] (3.63m)
➖Kenya Power & Lighting Company Plc [KPLC] (854,500)

➡️The benchmark NSE All Share Index [NASI] declined ?1.45 points to close at 138.94

➡️The NSE 20 Share Index declined ?5.28 points to close at 2009.60

➡️The NSE 25 Share Index declined ?35 points to close at 3244.67

The derivatives market of the NSE had an increase in acitvity with two contracts worth Kes 72,250  traded in today’s session compared to one Safaricom contract worth Kes 29,000 traded in the previous session.

Secondary trading on the bond market at the Nairobi Securities Exchange was relatively constant with bonds worth Kes 2.48 Billion trading in 102 deals, as compared to yesterday’s turnover of Kes 2.55 Billion which was achieved in 82 deals.