Global Markets

Market Report: 23 March, 2020.

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

A total of 18,317,700 shares in 1,230 deals, corresponding to a market value of KES 455,809,025.00, were traded.

Compared with the previous NSE trading day (Friday, March 20), today’s data shows 27% decline in volume, 41% decline in turnover, but 3% improvement in deals.

The current NSE market capitalization is KES 1.94 trillion.

In the aggregate, 45 NSE listed equities participated in trading, ending with 11 ✅gainers and 30 ?losers.

BOC Kenya Plc [BOC] led the gainers with ✅9.57% share price appreciation closing at KES 63.00 per share, followed by:

✅Eveready Plc [EVRD] (+7.14%)
✅Uchumi Supermarkets Plc [UCHM] (+3.85%)
✅Nation Media Group Plc [NMG] (+1.83%).

On the losing side, TPS Eastern Africa Plc [TPSE] came out last with an end-of-day price depreciation of ?8.87% closing at KES 12.85 per share, followed by:

?East African Cables Plc [CABL] (-8.56%)
?Equity Group Holdings Plc [EQTY] (-8.34%)
?KCB Group Plc [KCB] (-7.64%)

Safaricom Plc [SCOM] recorded the highest volume of 14.7 million traded shares, followed by:

➖Equity Group Holdings Plc [EQTY] (1.39m)
➖KCB Group Plc [KCB] (520,600)
➖Absa Bank Kenya Plc [ABSA] (314,500).

➡️The benchmark NSE All Share Index [NASI] dropped ?4.72 points to close at 128.21

➡️The NSE 20 Share Index dropped ?66.75 points to close at 1958.55

➡️The NSE 25 Share Index dropped ?132.33 points to close at 3092.10

There derivatives market of the Nairobi Securities Exchange [NEXT] had no activity in today’s session.

The secondary Bond market at the Nairobi Securities Exchange recorded a decline in turnover bonds worth 2.1 Billion trading in 88 deals, as compared to Friday’s turnover of Kes 5.52 Billion which was achieved in 98 deals.

 

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