The Nairobi Securities Exchange (NSE) closed today’s trading session in a bullish territory, with the benchmark index, the Nairobi All Share Index (NASI) recording a 0.35% gain, to close at 192.67 points compared to 192.00 points in the previous session.
The volume of shares traded declined by 52.4% to 15,449,554, while equity turnover dropped by 7.6% to KES 366.27 million from KES 396.2 million the prior session. Market capitalization stood above the KES 3 trillion mark, closing at KES 3.04 trillion, up 0.4%.
Trading action report: https://x.com/i/status/2011137502976098800
Top Gainers and Losers
Eaagads Plc led the gainers, appreciating by 6.3% to close at KES 20.40. Standard Group ranked second, rising 4.4%, followed by Flame Tree Group, which rose by 2.9%. Sasini Plc and Jubilee Holdings followed, gaining 2.8% and 2.2%, respectively.
Longhorn publishers emerged the top loser, shedding 4.0% to close at KES 2.67. Other notable losers included, Kenya Airways (2.9%), Centum Investments (2.9%), Home Afrika (2.3%), and Eveready Plc (2.1%).
Safaricom dominated trading, recording a turnover of KES 40.47 million, closely followed by Absa Bank Kenya with a cumulative turnover of KES 39.63 million. Other top traded counters included, Co-operative Bank, KenGen Plc, and BAT Kenya which posted turnovers of KES 36.34 million, KES 33.53 million, and KES 28.97 million, respectively.
NSE Indices
The NSE 10 index, which tracks the performance of top ten companies by market valuation at the NSE, closed at 2,029.31 points up 0.3%. The NSE 20 index remained unchanged at 3,246.01 points, while the NSE 25 index gained 0.2%, to settle at 5,261.37 points. The banking sector index rose marginally by 0.1% to 212.21 points.
Derivatives
The total volume of contracts traded declined to 120 from 1,050 recorded in the previous session, while the value of traded contracts decreased to KES 406,100 from KES 1.12 million. The number of open interest contracts edged higher by 1.3% to 7,933.
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