The Nairobi Securities Exchange (NSE) had a highly active trading session today on Tueaday, with significant improvements across key metrics. A total of 54,711,700 shares were traded in 2,061 deals, resulting in a turnover of KES 957,341,348.00. This represents an 81% increase in trading volume, a 182% surge in turnover, and a 5% rise in the number of deals compared to the previous session on Friday, March 28. The market capitalization also rose to KES 2.06 trillion, highlighting investor confidence and growing market activity.
NSE Market Movers.
Equity performance showcased a mix of gains and losses among the 47 listed stocks that traded. A total of 22 equities emerged as gainers, led by Express Kenya Plc, which achieved a 6.44% increase in share price to close at KES 3.80. Other top gainers included Trans Century Plc (+5.56%), Nairobi Business Ventures (+4.5%), and I&M Holdings Plc (+2.94%).
On the losers side, Sameer Africa Plc suffered the steepest drop, with an 8.59% decline in share price to close at KES 3.30. WPP ScanGroup Plc (-7.36%) ,and East African Portland Cement Co. (-2.24%) also recorded notable declines.
Laptrust Imara Income-REIT led in trading volume with 30 million shares, followed by Safaricom (13.4 million), Kenya Re-Insurance Corporation (3.91 million), and Liberty Kenya Holdings (2.31 million).
Market indices recorded a relatively stable performance. The benchmark NSE All Share Index (NASI) remained unchanged at 130.81, reflecting a 1-week gain of 0.82%, a 4-week loss of 1.34%, and a year-to-date gain of 5.94%.
“Today’s trading activity underscored the NSE’s resilience and growing appeal to investors. The sharp increase in turnover and trading volume demonstrates heightened investor activity, while the stability in market indices reflects cautious optimism.” – The Trading Room Analysts.
