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Home African Markets NSE Market Report

The Trading Room Weekly Review.

The Trading Room by The Trading Room
in Market Report, NSE
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The Trading Room Weekly Review.(Week 40)

The Trading Room Market Review.

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In the week ended 27th September, 2019. The Nairobi Securities Exchange had a drop on week on week (w-o-w) turnover to Kes 2.6Bn against a turnover of Kes 2.8Bn transacted the previous week. On average, the daily turnover stood at 450Mn as compared to 515Mn on the previous week.

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Total Market Volume for the week stood at 85Mn shares against a volume of 94Mn shares transacted last week. The average daily turnover stood at 11Mn as Thursday & Tuesday had a cumulative 79% of the total turnover moving 58Mn shares in the week.

The benchmark NSE All Share Index (NASI) closed Friday at 144.27, representing a week on week loss(W/W) of 0.49%, a 4-week month to month (M/M) loss of 2.24%, but an overall year-to-date (YTD) gain of 2.73%.

The NSE 25 Share Index (NSE25) closed Friday at 3457.24 points, which was a w/w loss of 0.13%, a M/M loss of 0.5%, and an overall year-to-date (YTD) loss of 2.66%.

The NSE 20 share Index (NSE20) closed at 2435.92 points which represented a w/w loss of -0.16%, a 4-week month to month (M/M) loss of 0.27% and a Year to date (YTD) loss of 14.04%.

The Derivatives Market(NEXT) of the NSE closed the week with a total of 17 contracts valued at Kes 534,000, a drop from the previous week of 94 contracts valued at 2.8Mn.

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