Market Report; 12 November 2021

At the end of the last weekday of trading on the Nairobi Securities Exchange 

A total of 15,209,900 shares in 1,063 deals, corresponding to a market value of KES 456,959,378.00, were traded.

Compared with the previous NSE trading day (Thursday, November 11), today’s data shows 48% decline in volume, 61% decline in turnover, and 38% decline in deals.

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

In the aggregate, 47 NSE equities participated in trading, ending with 12✅ gainers and 20🔻 losers.

Eaagads Plc [EGAD] led the gainers with 9.45% share price appreciation closing at✅ KES 13.90 per share, followed by:

✅ East African Cables Plc [CABL] (+5.74%)
✅Longhorn Publishers Plc [LKL] (+3.97%)
✅ Nairobi Business Ventures [NBV] (+3.5%).

On the losing side, Car and General Plc [CGEN] came out last with an end-of-day price depreciation of🔻 8.47% at KES 32.95 per share, followed by :

🔻Centum Investment Plc [CTUM](-5.02%)
🔻 Liberty Holdings Plc [LBTY](-4.88%)
🔻 Kenya Power & Lighting Company Plc [KPLC] (-2.13%).

Safaricom Plc [SCOM] recorded the highest volume of 6.01 million traded shares, followed by:

➖ Absa Bank Kenya Plc [ABSA](3.4m)
➖Kenya Power & Lighting Company Plc [KPLC] (2.52m)
➖ Equity Group Holdings Plc [EQTY] (727,200)

➡️The benchmark NSE All-Share Index [NASI] declined🔻 0.95 points to close at 171.47
➡️The NSE 20 Share Index declined🔻 11.06 points to close at 1919.95
➡️The NSE 25 Share Index declined🔻 20.38 points to close at 3782.92

Bonds & Derivatives on NSE.

The derivatives market of the Nairobi Securities Exchange recorded a rise in activity with 30 single stock features valued at Kes 993,035 traded during today’s trading session compared to the 18 single stock features valued at Kes 900,950 traded during the previous trading session.

Trading on the secondary bond market on the Nairobi Securities Exchange posted a rise in turnover during Today’s trading session, with bonds valued at Kes 2.98 billion transacted in 105 deals compared to the Kes 2.60 billion worth of bonds achieved in 89 deals traded at the close of the previous trading session.