Market Report 17 January, 2020

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

A total of 15,914,100 shares in 733 deals, corresponding to a market value of KES 697,512,686.00, were traded.

Compared with the previous NSE trading day (Thursday, January 16), today’s data shows 29% decline in volume, 27% decline in turnover, and 15% decline in deals.

The current NSE market capitalization is KES 2.52 trillion.

In the aggregate, 48 NSE listed equities participated in trading, ending with 19 ✅gainers and 18 ?losers.

Car and General (Kenya) Plc [CGEN] the gainers with ✅8.33% share price appreciation closing at KES 26.00 per share, followed by:

Carbacid Investments Plc [CARB] (+6.82%)
Unga GroupPlc [UNGA] (+6.62%)
Kenya Airways Plc [UNGA] (+5.29%).

On the losing side, Uchumi Supermarkets Plc [UCHM] came out last with an end-of-day price depreciation of ?7.41% closing at KES 0.25 per share, followed by:

?Home Afrika Plc [HAFR] (-6.78%)
?Nairobi Business Ventures [NBV] (-5.41%)
?Nation Media Group Plc [NMG] (-5.29%).

Safaricom Plc [SCOM] recorded the highest volume of 8.7 million traded shares, followed by:

➖KCB Group Plc [KCB] (2.81m)
➖Equity Group Holdings Plc [EQTY] (1.44m)
➖East African Breweries Plc [EABL] (755,000).

➡️The benchmark NSE All Share Index [NASI] dropped ?0.98 points to close at 166.23

➡️The NSE 20 Share Index dropped ?0.50 points to close at 2669.13

➡️The NSE 25 Share Index dropped ?5.00 points to close at 4102.13

The Derivatives Market closed the last trading session with no activity, a drop in activity from the 2 contract valued at Kes 104,000 traded yesterday.

The secondary Bond market at the NSE had 58 deals worth Kes 974.95 Million, indicating a continued decline in activity on the Fixed income segment as compared to yesterday’s 71 deals valued at Kes 1.26  Billion.

Source: NSE

Data Compiled by Trading Room.

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