Market Report 11 March, 2020
At the end of today’s trading session on the Nairobi Securities Exchange (NSE).
A total of 16,562,600 shares in 821 deals, corresponding to a market value of KES 445,212,612.00, were traded.
Compared with the previous NSE trading day (Tuesday, March 10), today’s data shows 44% decline in volume, 42% decline in turnover, and 7% decline in deals.
The current NSE market capitalization is KES 2.26 trillion.
In the aggregate, 45 NSE listed equities participated in trading, ending with 22 gainers and 19 losers.
Eaagads Plc [EGAD] the gainers with ✅9.50% share price appreciation closing at KES 10.95 per share, followed by:
✅Kenya Re-Insurance Corporation [KNRE] (+6.25%)
✅Sameer Africa Plc [SMER] (+3.77%)
✅Co-operative Bank of Kenya [COOP] (+3.55%).
On the losing side, Standard Group Plc [SGL] came out last with an end-of-day price depreciation of 🔻9.29% closing at KES 21.00 per share, followed by:
🔻Home Afrika Plc [HAFR] (-6.98%
🔻Bamburi Cement Plc [BAMB] (-6.36%)
🔻Trans Century Plc [TCL] (-4.76%).
Safaricom Plc [SCOM] recorded the highest volume of 12.5 million traded shares, followed by:
➖Equity Group Holdings Plc [EQTY] (879,700)
➖Co-operative Bank of Kenya [COOP] (854,100)
➖Kengen Plc [KEGN] (555,700).
➡️The benchmark NSE All Share Index [NASI] gained ✅0.50 points to close at 149.17
➡️The NSE 20 Share Index gained ✅5.10 points to close at 2316.58
➡️The NSE 25 Share Index gained ✅16.16 points to close at 3711.52
The Derivatives Market had 5 Safaricom contracts traded valued at Kes. 139,250 in today’s session.
The secondary Bond market at the NSE recorded a further decline in activity in today’s trading session with bonds worth Kes 3.08 Billion traded in 155 deals on the Fixed income segment as compared to yesterday’s 197 deals valued at Kes 3.83 Billion.
Reporting by The Trading Room.