Market Report: 02 April, 2020.

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

A total of 16,167,800 shares in 945 deals, corresponding to a market value of KES 478,836,530.00, were traded.

Compared with the previous NSE trading day (Wednesday, April 1), today’s data shows 4% decline in volume, 1% improvement in turnover, but 8% decline in deals.

The current NSE market capitalization is KES 2.07 trillion.

In the aggregate, 36 NSE listed equities participated in trading, ending with 15 ✅gainers and 15 ?losers.

Kenya Re-Insurance Corporation [KNRE] led the gainers with ✅9.49% share price appreciation closing at KES 2.77 per share, followed by:

✅Williamson Tea Kenya Plc [WTK] (+6.25%)
✅Safaricom Plc [SCOM] (+5.02%)
✅Kenya Airways Plc [KQ] (+4.48%).

On the losing side, Trans Century Plc [TCL] came out last with an end-of-day price depreciation of ?10.00% closing at KES 1.80 per share, followed by:

?I&M Holdings Plc [IMH] (-3.48%)
?Uchumi Supermarkets Plc [UCHM] (-3.33%)
?Liberty Kenya Holdings Plc [LKL] (-3.20%).

Safaricom Plc [SCOM] recorded the highest volume of 9.1 million traded shares, followed by:

➖Equity Group Holdings Plc [EQTY] (3.08m)
➖KCB Group Plc [KCB] (1.36m)
➖Kenya Airways Plc [KQ] (499,700).

➡️The benchmark NSE All Share Index [NASI] gained ✅3.43 points to close at 136.68

➡️The NSE 20 Share Index gained ✅17.34 points to close at 1985.27

➡️The NSE 25 Share Index gained ✅36.29 points to close at 3162.82

Activity on the derivatives market of the Nairobi Securities Exchange [NEXT] grew exponentially with 14 contracts concluded in today’s trading session, marking a turnover valued at Kes 390,600. The Safaricom contract expiring on 18-Jun-20 was the most traded contracts with 12 contracts traded. This is against the 3 contracts valued at Kes 80,000 traded in yesterday’s trading session.

Trading activities on secondary Bond market at the Nairobi Securities Exchange doubled with bonds worth Kes 2.05 Billion trading in 109 deals, an 88.3% growth as compared to yesterday’s turnover of Kes 1.11 Billion which was achieved in 66 deals.

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