Market Report: 01 April, 2020.

At the end of today’s trading session on the Nairobi Securities Exchange (NSE).

A total of 16,911,800 shares in 1,031 deals, corresponding to a market value of KES 473,462,760.00, were traded.

Compared with the previous NSE trading day (Tuesday, March 31), today’s data shows 37% decline in volume, 41% decline in turnover, and 4% decline in deals.

The current NSE market capitalization is KES 2.02 trillion.

In the aggregate, 37 NSE listed equities participated in trading, ending with 18 ✅gainers and 17 ?losers.

Olympia Capital Holdings [OCH] led the gainers with ✅10.00% share price appreciation closing at KES 2.31 per share, followed by:

✅TPS Eastern Africa Plc [TPSE] (+9.57%)
✅Total Kenya Plc [TOTL] (+8.95%)
✅Kenya Re-Insurance Corporation [KNRE] (+7.20%)

On the losing side, East African Cables Plc [CABL] came out last with an end-of-day price depreciation of ?7.50% closing at KES 1.48 per share, followed by:

?Flame Tree Group Holdings [FTGH] (-5.41%)
?Carbacid Investments Plc [CARB] (-5.35%)
?WPP ScanGroup Plc [SCAN] (-5.02%).

Safaricom Plc [SCOM] recorded the highest volume of 9.8 million traded shares, followed by:

➖KCB Group Plc [KCB] (2.4m)
➖Equity Group Holdings Plc [EQTY] (2.22m)
➖Absa Bank Kenya Plc [ABSA] (687,900).

➡️The benchmark NSE All Share Index [NASI] gained ✅1.33 points to close at 133.25

➡️The NSE 20 Share Index gained ✅1.82 points to close at 1967.93

➡️The NSE 25 Share Index gained ✅17.53 points to close at 3126.53

The derivatives market of the Nairobi Securities Exchange [NEXT] had 3 contracts valued at Kes 80,000 traded in today’s trading session. This was the first trade in the derivatives market over the past four trading sessions.

The secondary Bond market at the Nairobi Securities Exchange continued to experience a decline in deals and turnover, with bonds worth Kes 1.11 Billion trading in 66 deals, as compared to yesterday’s turnover of Kes 1.48 Billion which was achieved in 98 deals.

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