Market Report 02 December, 2019
At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) this week.
A total of 9,261,100 shares in 718 deals, corresponding to a market value of KES 247,260,698.00, were traded.
Compared with the previous NSE trading day (Friday, November 29), today’s data shows 74% decline in volume, 78% decline in turnover, and 6% decline in deals. The current NSE market capitalization is KES 2.41 trillion.
In the aggregate, 46 NSE listed equities participated in trading, ending with 17 ✅gainers and 25 🔻losers.
East African Portland Cement Company [PORT] led the gainers with ✅9.43% share price appreciation closing at KES 14.50 per share, followed by:
✅Flame Tree Group Holdings [FTGH] (+8.80%)
✅STANLIB Fahari Income REIT [FAHR] (+7.67%)
✅WPP ScanGroup Plc [SCAN] (+7.53%).
On the losing side, Unga Group Plc [UNGA] came out last with an end-of-day price depreciation of 🔻-6.70% closing at KES 32.75 per share, followed by:
🔻Longhorn Publishers Plc [LKL] (-6.19%)
🔻Sameer Africa Plc [SMER] (-5.64%)
🔻Sasini Plc [SASN] (-5.60%).
Safaricom Plc [SCOM] recorded the highest volume of 3.3 million traded shares, followed by:
➖Equity Group Holdings Plc [EQTY] (1.63m)
➖Cooperative Bank of Kenya [COOP] (908,000)
➖Britam Holdings Plc [BRIT] (817,200).
➡️The benchmark NSE All Share Index [NASI] gained ✅ 0.53 points to close at 158.46
➡️The NSE 20 Share Index gained ✅ 22.08 points to close at 2640.70
➡️The NSE 25 Share Index gained ✅13.56 points to close at 3932.04
The Derivatives Market had no trading activity today.
- Standard Group Plc issued a profit warning today before market opened for the FY 2019.
The NSE bond market had 69 deals worth Kes 1.22 Billion a drop in value from Friday’s 63 deals valued at Kes 1.8 Billion
Data Compiled by Trading Room.
Source: Nairobi Securities Exchange.