Market Report: 18 March, 2020
At the end of today’s trading session on the Nairobi Securities Exchange (NSE).
A total of 35,255,300 shares in 1,061 deals, corresponding to a market value of KES 1,236,498,914.00, were traded.
Compared with the previous NSE trading day (Tuesday, March 17), today’s data shows 129% improvement in volume, 215% improvement in turnover, and 10% improvement in deals.
The current NSE market capitalization is KES 2.03 trillion.
In the aggregate, 42 NSE listed equities participated in trading, ending with 15 ✅gainers and 21 🔻losers.
Kenya Airways Plc [KQ] led the gainers with ✅8.44% share price appreciation closing at KES 1.67 per share, followed by:
✅Total Kenya Plc [TOTL] (+6.58%)
✅Liberty Kenya Holdings Plc [LBTY] (+6.38%)
✅STANLIB Fahari Income REIT [FAHR] (+5.26%).
On the losing side, Flame Tree Group Holdings [FTGH] came out last with an end-of-day price depreciation of 🔻7.58% closing at KES 1.22 per share, followed by:
🔻Uchumi Supermarket Plc [UCHM] (-6.67%)
🔻Eveready Plc [EVRD] (-5.26%)
🔻Carbacid Investments Plc [CARB] (-4.80%).
Safaricom Plc [SCOM] recorded the highest volume of 20.8 million traded shares, followed by:
➖Equity Group Holdings Plc [EQTY] (6.46m)
➖KCB Group Plc [KCB] (3.51m)
➖Stanbic Holdings Plc [SBIC] (2m).
➡️The benchmark NSE All Share Index [NASI] gained ✅0.24 points to close at 133.79
➡️The NSE 20 Share Index dropped 🔻3.97 points to close at 2048.87
➡️The NSE 25 Share Index dropped 🔻5.19 points to close at 3265.27
There was no activity on the derivatives market in today’s session.
The secondary Bond market at the Nairobi Securities Exchange recorded a rise in trading activities with a turnover of 1.16 Billion in 106 deals as compared to yesterday’s trades valued at Kes 2.63 Billion which was achieved in 73 deals.