Market Report; 10th December 2021

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

A total of 18,502,100 shares in 757 deals, corresponding to a market value of KES 702,839,256.00, were traded.

Compared with the previous NSE trading day (Thursday, December 9), today’s data shows 21% decline in volume, 22% decline in turnover, and 23% decline in deals.

The current market capitalization of the Nairobi Securities Exchange is KES 2.47 trillion.

In the aggregate, 41 NSE equities participated in trading, ending with 24 gainers and nine losers.

Sasini Plc [SASN] led the gainers with ✅9.28% share price appreciation closing at KES 20.60 per share, followed by:

✅Car and General Kenya Plc [CGEN] (+7.94%)
✅Stanbic Holdings Plc [SBIC] (+6.03%)
✅Nation Media Group Plc [NMG] (+5.59%).

On the losing side, East African Portland Cement Company [PORT] came out last with an end-of-day price depreciation of 🔻7.43% at KES 6.48 per share, followed by;

🔻 Diamond Trust Bank Kenya [DTK] (-3.45%)
🔻ScanGroup Plc [SCAN] (-2.42%)
🔻Centum Investment Company Plc [CTUM] (-2.36%).

KCB Group Plc [KCB] recorded the highest volume of 8.8 million traded shares, followed by;
➖Safaricom Plc [KCB] (7.43m)
➖Equity Group Holdings Plc [EQTY] (524,90)
➖Kenya Power & Lighting Company Plc [KPLC] (394,600).

The benchmark NSE All-Share Index [NASI] gained✅ 2.74 to close at 162.77
➡️The NSE 20 Share Index gained✅17.76 points to close at 1856.45
➡️The NSE 25 Share Index gained✅45.84 points to close at 3594.17

Bonds & Derivatives on NSE.

Trading on the secondary bond market on the Nairobi Securities Exchange declined compared to Thursday’s trading, with bonds valued at Kes 1.78 billion transacted in 119 deals compared to the Kes 5.05 billion worth of bonds achieved in 64 deals traded at the close of the previous trading session.

There was one ABSA Bank Kenya Plc single stock feature valued at Kes 10, 960 traded during today’s trading session on the derivatives market.