Market Report: 03 April, 2020.

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) this week.

A total of 21,657,600 shares in 913 deals, corresponding to a market value of KES 636,416,166.00, were traded.

Compared with the previous NSE trading day (Thursday, April 2), today’s data shows 34% improvement in volume, 33% improvement in turnover, but 3% decline in deals.

The current NSE market capitalization is KES 2.11 trillion.

In the aggregate, 42 NSE listed equities participated in trading, ending with 27 ✅gainers and 11 ?losers.

TPS Eastern Africa Plc [TPSE] led the gainers with ✅9.89% share price appreciation closing at KES 14.45 per share, followed by:

✅Flame Tree Group Holdings [FTGH] (+9.52%)
✅East African Cables Plc [CABL] (+8.55%)
✅Olympia Capital Holdings [OCH] (+8.23%).

On the losing side, Eveready East Africa Plc [EVRD] came out last with an end-of-day price depreciation of ?8.24% closing at KES 0.78 per share, followed by:

?Car and General (Kenya) Plc [CGEN] (-6.67%)
?Longhorn Publishers Plc [LKL] (-5.34%)
?British American Tobacco (Kenya) Plc [BAT] (-3.50%).

Safaricom Plc [SCOM] recorded the highest volume of 16.7 million traded shares, followed by:

➖Equity Group Holdings Plc [EQTY] (2.36m)
➖Absa Bank Kenya Plc [ABSA] (666,200)
➖KCB Group Plc [KCB] (369,700)

➡️The benchmark NSE All Share Index [NASI] gained ✅2.00 points to close at 138.68

➡️The NSE 20 Share Index gained ✅27.92 points to close at 2013.19

➡️The NSE 25 Share Index gained ✅45.99 points to close at 3208.81

The derivatives market of the Nairobi Securities Exchange [NEXT] closed the last day of the week with  no contracts concluded, cooling off from the 14 contracts valued at Kes 390,600 concluded in yesterday’s session.

Trading activities on secondary Bond market at the Nairobi Securities Exchange slumped with bonds worth Kes 855.5 Million trading in 61 deals, as compared to yesterday’s turnover of Kes 2.05 Billion which was achieved in 109 deals.

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