Market Report;19 May, 2021
At the end of today’s trading session on the Nairobi Securities Exchange.
A total of 26,145,500 shares in 948 deals, corresponding to a market value of KES 886,259,968.00, were traded.
Compared with the previous NSE trading day (Tuesday, May 18), today’s data shows 98% improvement in volume, 87% improvement in turnover, but 10% decline in deals.
The current market capitalization of the Nairobi Securities Exchange is KES 2.45 trillion.
In the aggregate, 48 NSE listed equities participated in trading, ending with 17 ✅ gainers and 24 🔻 losers.
Trans Century Plc [TCL] led the gainers with 7.08% share price appreciation closing at KES 1.21 per share, followed by;
✅Flame Tree Group Holdings Plc [FTGH] (+5.34%),
✅HF Group Plc [HFCK] (+4.68%)
✅Nation Media Group Plc [NMG] (+2.86%).
On the losing side, Longhorn Publishers [LHK] came out last with an end-of-day price depreciation of 🔻 9.6% at KES 4.05 per share, followed by;
🔻Liberty Kenya Holdings [CFCI] (-8.98%),
🔻Eveready East Africa [EVRD] (-6.6%)
🔻Crown Paints Kenya Plc [CRWN] (-3.75%).
Safaricom Plc [SCOM] recorded the highest volume of 20.9 million traded shares, followed by;
➖Co-operative Bank of Kenya Plc [COOP] (2.21m),
➖Equity Group Holdings Plc [EQTY] (711,500)
➖Kenya Power & Lighting Company Plc [KPLC] (556,200).
The benchmark NSE All Share Index [NASI] declined1.82 points to close at 162.62
The NSE 20 Share Index declined 16.62 points to close at 1842.47
The NSE 25 Share Index declined 27.56 points to close at 3534.82
Bonds & Derivatives on NSE
The derivatives market of the Nairobi Securities Exchange posted a growth in volumes traded during today’s trading session, with 41 single stock futures contracts valued at Kes 1.54 million concluded, compared to the 37 SSF contracts valued at Kes 1.76 million concluded during the previous session
Trading on the secondary bond market on the Nairobi Securities Exchange posted a marginal decrease in activity during today’s trading session with bonds worth Kes 4.15 billion transacted in 197 deals as compared to the Kes 4.49 billion worth of bonds achieved in 87 deals in the preceding session.