Market Report; 24 May, 2021
At the end of the first weekday of trading on the Nairobi Securities Exchange this week.
A total of 15,587,300 shares in 1,055 deals, corresponding to a market value of KES 757,872,580.00, were traded.
Compared with the previous NSE trading day (Friday, May 21), today’s data shows 26% improvement in volume, 59% improvement in turnover, and 22% improvement in deals.
The current market capitalization of the Nairobi Securities Exchange is KES 2.61 trillion.
In the aggregate, 49 NSE listed equities participated in trading, ending with 18 gainers and 19 losers.
Car and General Kenya Plc [CGEN] led the gainers with ✅10.00% share price appreciation closing at KES 24.20 per share, followed by:
✅Safaricom Plc [SCOM] (+5.70%)
✅HF Group Plc [HFCK] (+4.70%)
✅Flame Tree Group Holdings Plc [FTGH] (+4.44%).
On the losing side, Nairobi Securities Exchange Plc [NSE] came out last with an end-of-day price depreciation of 🔻8.69% at KES 8.20 per share, followed by:
🔻Uchumi Supermarkets Plc [UCHM] (-7.69%)
🔻TPS Eastern Africa Plc [TPSE] (-3.33%)
🔻East African Cables Plc [CABL] (-2.96%).
Safaricom Plc [SCOM] recorded the highest volume of 8.5 million traded shares, followed by:
➖Equity Group Holdings Plc [EQTY] (2.6m)
➖East African Breweries Plc [EABL] (1.36m)
➖Kenya Power & Lighting Company Plc [KPLC] (558,300).
The benchmark NSE All-Share Index [NASI] gained6.44 points to close at 172.20
The NSE 20 Share Index gained 1.53 points to close at 1860.40
The NSE 25 Share Index gained 104.68 points to close at 3691.12
Bonds & Derivatives on NSE
The derivatives market of the Nairobi Securities Exchange posted a slight growth in volumes traded during today’s trading session, with 80 single stock futures contracts valued at Kes 2.87 million concluded, compared to the 92 SSF contracts valued at Kes 2.86 million concluded during the previous session
Trading on the secondary bond market on the Nairobi Securities Exchange posted a decline in activity during today’s trading session with bonds worth Kes 4.05 billion transacted in 100 deals as compared to the Kes 4.24 billion worth of bonds achieved in 96 deals in the preceding session.