Market Report: 25 March, 2020.

At the end of today’s trading session on the Nairobi Securities Exchange (NSE).

A total of 21,192,100 shares in 1,015 deals, corresponding to a market value of KES 616,646,996.00, were traded.

Compared with the previous NSE trading day (Tuesday, March 24), today’s data shows 47% decline in volume, 39% decline in turnover, and 27% decline in deals.

The current NSE market capitalization is KES 1.89 trillion.

In the aggregate, 46 NSE listed equities participated in trading, ending with 18 ✅gainers and 22 ?losers.

Barclays NewGold ETF [GLD] led the gainers with ✅10.74% share price appreciation closing at KES 1,650.00 per share, followed by:

✅Kenya Power & Lighting Company Plc [KPLC] (+5.33%)
✅Longhorn Publishers Plc [LKL] (+5.06%)
✅Kapchorua Tea Company Plc [KAPC] (+4.84%).

On the losing side, Trans Century Plc [TCL] came out last with an end-of-day price depreciation of ?8.00% at KES 1.84 per share, followed by:

?Eveready Plc [EVRD] (-6.74%)
?WPP ScanGroup Plc [SCAN] (-6.53%)
?East African Breweries Plc [EABL] (-4.93%).

Safaricom recorded the highest volume of 9.7 million traded shares, followed by:

➖KCB Group Plc [KCB] (3.89m)
➖Equity Group Holdings Plc [EQTY] (2.34m)
➖Absa Bank Kenya Plc [ABSA] (2.03m).

➡️The benchmark NSE All Share Index [NASI] dropped ?0.24 points to close at 124.30

➡️The NSE 20 Share Index dropped ?13.70 points to close at 1873.47

➡️The NSE 25 Share Index dropped ?13.17 points to close at 2943.60

The derivatives market of the Nairobi Securities Exchange [NEXT] two safaricom contracts expiring in June 2020 traded, implying a turnover of Kes 99,000 up from yesterday’s trade of Equity Group contracts valued at Kes 32, 000

The secondary Bond market at the Nairobi Securities Exchange recorded a decline in turnover bonds worth 1.22 Billion trading in 78 deals, as compared to yesterday’s turnover of Kes 2.9 Billion which was achieved in 102 deals.

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