Market Report: June 29, 2020
At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE).
A total of 8,535,500 shares in 971 deals, corresponding to a market value of KES 253,247,657.00, were traded.
Compared with the previous NSE trading day (Friday, June 26), today’s data shows 36% decline in volume, 28% decline in turnover, but 8% improvement in deals.
The current NSE market capitalization is KES 2.11 trillion.
In the aggregate, 46 NSE listed equities participated in trading, ending with 18 ✅gainers and 16 🔻losers.
Kenya Airways Plc [KQ] led the gainers with ✅9.93% share price appreciation closing at KES 2.99 per share, followed by:
✅Flame Tree Group Holdings [FTGH] (+5.63%)
✅Home Afrika Plc [HAFR] (+4.88%)
✅Liberty Kenya Holdings Plc [LBTY] (+3.88%).
On the losing side, TPS Eastern Africa Plc [TPSE] came out last with an end-of-day price depreciation of 🔻10.00% closing at KES 14.40 per share, followed by:
🔻Total Kenya Plc [TOTL] (-9.39%)
🔻Nairobi Business Ventures [NBV] (-3.23%)
🔻Carbacid Investments Plc [CARB] (-2.64%).
Safaricom Plc [SCOM] recorded the highest volume of 3.3 million traded shares, followed by:
➖Equity Group Holdings Plc [EQTY] (1.29m)
➖Kenya Power & Lighting Company Plc [KPLC] (867,900)
➖KCB Group Plc [KCB] (844,800).
➡️The benchmark NSE All Share Index [NASI] gained ✅ 1.04 points to close at 138.79
➡️The NSE 20 Share Index gained ✅13.64 points to close at 1952.26
➡️The NSE 25 Share Index gained ✅15.61 points to close at 3246.93
The Derivatives Market had 6 contracts valued at Kes.201,000 transacted in today’s trading session. Five KCB contracts worth Kes.173,000 expiring in 17th Sep 2020 were concluded at a price of Kes.34.60. This was against an end of day price of Kes.36.40 posted in the spot market
The secondary bond market on the Nairobi Securities Exchange recorded a moderate rise in activity with bonds worth Kes 1.17 Billion achieved in 105 deals on the market as compared to the Kes 4.62 Billion achieved in 135 deals recorded during the previous trading session.