NSE Nairobi Securities Exchange

Market Report; February 07, 2022

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

A total of 6,000,100 shares in 1,002 deals, corresponding to a market value of KES 217,450,265.00, were traded.

Compared with the previous NSE trading day (Friday, February 4), today’s data shows 23% decline in volume, 13% improvement in turnover, and 18% improvement in deals.

The current market capitalization of the Nairobi Securities Exchange is KES 2.6 trillion.

In the aggregate, 49 NSE equities participated in trading, ending with 13 ✅gainers and 22 🔻losers.

Car and General Kenya Plc [CGEN] led the gainers with ✅7.89% share price appreciation closing at KES 61.50 per share, followed by:

✅Williamson Tea Kenya Plc [WTK] (+3.65%)
✅Trans Century Plc [TCL] (+3.23%)
✅Nairobi Business Ventures [NBV] (+3.03%).

On the losing side, Kenya Power and Lighting Company Plc 4.0% Preference Shares [KPLC-ORD 4%] came out last with an end-of-day price depreciation of 🔻9.49% at KES 4.10 per share, followed by:

🔻TPS Eastern Africa Plc [TPSE] (-8.79%)
🔻Uchumi Supermarkets Plc [UCHM] (-4.55%)
🔻BK Group Plc [BKG] (-4.43%).

Safaricom Plc [SCOM] recorded the highest volume of 2.91 million traded shares, followed by:

➖Equity Group Holdings Plc [EQTY] (1.64m)
➖KenGen Plc [KEGN] (219,100)
➖Absa Bank Kenya Plc [ABSA] (197,300).

➡️The benchmark NSE All-Share Index [NASI] dropped🔻0.18 points to close at 166.84
➡️The NSE 20 Share Index dropped🔻6.70 points to close at 1,894.48
➡️The NSE 25 Share Index dropped🔻9.88 points to close at 3,747.73

Bonds & Derivatives on NSE.

Trading on the secondary bond market on the Nairobi Securities Exchange posted gains in activity, compared to Friday’s trading, with bonds valued at Kes 6.05 billion transacted in 91 deals compared to the Kes 3.92 billion worth of bonds achieved in 121 deals traded at the close of the previous trading session.

The derivatives of the Nairobi Securities Exchange (NEXT) posted a decline in activity, with 13 single stock futures and one index futures contract valued at Kes 495,650 concluded as compared to the 21contracts valued at Kes 804,930 transacted in the previous trading session.