Market Report 06 March, 2020

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

A total of 19,475,700 shares in 733 deals, corresponding to a market value of KES 657,478,406.00, were traded.

Compared with the previous NSE trading day (Thursday, March 5), today’s data shows 52% improvement in volume, 56% improvement in turnover, but 19% decline in deals.

The current NSE market capitalization is KES 2.37 trillion.

In the aggregate, 44 NSE listed equities participated in trading, ending with 15 gainers and 18 losers.

Express Kenya Plc [XPRS] led the gainers with ✅8.33% share price appreciation closing at KES 6.50 per share, followed by:

✅Sanlam Kenya Plc [SLAM] (+7.59%)
✅East African Cables Plc [CABL] (+6.15%)
✅Barclays NewGold ETF [GLD] (+6.11%).

On the losing side, Car and General (Kenya) [CGEN] came out last with an end-of-day price depreciation of ?10.00% closing at KES 23.40 per share, followed by:

?Liberty Kenya Holdings Plc [LBTY] (-8.07%)
?Flame Tree Group Holdings [FTGH] (-7.69%)
?Kenya Airways Plc [KQ] (-5.5%).

Safaricom Plc [SCOM] recorded the highest volume of 11 million traded shares, followed by:

➖KCB Group Plc [KCB] (3.55m)
➖Kenya Re-Insurance Corporation [KNRE] (1.13m)
➖Uchumi Supermarkets Plc [UCHM] (1.11m).

➡️The benchmark NSE All Share Index [NASI] dropped ?0.43 points to close at 156.17

➡️The NSE 20 Share Index dropped ?18.73 points to close at 2400.56

➡️The NSE 25 Share Index dropped ?15.25 points to close at 3875.22

The Derivatives Market had a silent day with no trades recorded in today’s session. A decline from yesterday’s trades of 9 contracts valued at Kes 441,500.

The secondary Bond market at the NSE recorded a decline in activity with bonds worth Kes 3.23 Billion traded in 69 deals on the Fixed income segment as compared to yesterday’s 100 deals valued at Kes 4.34 Billion.

Source: NSE

Reporting by The Trading Room.


Scroll to Top