Market Report: 26 August, 2020
At the end of today’s trading session on the Nairobi Securities Exchange (NSE)
A total of 22,025,200 shares in 1,009 deals, corresponding to a market value of KES 474,890,176.00, were traded.
Compared with the previous NSE trading day (Tuesday, August 25), today’s data shows 41% decline in volume, 44% decline in turnover, and 14% decline in deals.
The current NSE market capitalization is KES 2.03 trillion.
In the aggregate, 42 NSE listed equities participated in trading, ending with ✅ 21 gainers and? 12 losers.
Nairobi Business Ventures [NBV] led the gainers with ✅ 10.00% share price appreciation closing at KES 0.66 per share, followed by
✅Flame Tree Group Holdings[FTGH] (+5.38%)
✅Nation Media Group Plc [NMG] (+4.58%)
✅ NCBA Group Plc [NCBA] (+4.55%).
On the losing side, Bank of Kigali Group [BKG] came out last with an end-of-day price depreciation of ?9.09% at KES 15.00 per share, followed by:
?I&M Holdings Plc [I&M] (-4.34%)
?Olympia Capital Holdings [OCH] (-3.16%)
?Crown Paints Kenya Plc [CRWN] (-3.12%).
Safaricom Plc [SCOM] recorded the highest volume of 7.5 million traded shares, followed by:
➖Kenya Re-Insurance Corporation [KNRE] (7.25m)
➖Stanbic Holdings Plc [SBIC] (1.57m)
➖Kenya Power & Lighting Company Plc [KPLC] (1.48m).
➡️The benchmark NSE All Share Index [NASI] gained ✅ 1.35 points to close at 135.24
➡️The NSE 20 Share Index gained ✅ 17.56 points to close at 1760.64
➡️The NSE 25 Share Index gained ✅34.75 points to close at 3106.01
The derivatives market of the NSE had 3 contracts during today’s trading session valued at kes 98,500. These were the first contracts to trade on the derivatives market this week.
The secondary bond market on the Nairobi Securities Exchange recorded a slump in activity during today’s session with bonds worth Kes 4.95 billion transacted in 142 deals in as compared to the Kes 10.32 billion achieved in 80 deals during Tuesday’s trading session