Trading at the Nairobi Securities Exchange (NSE) on Thursday saw a marginal decline in turnover to Kes 407 million compared to Wednesday’s Kes 475 million representing a 14% decline. This was mainly attributed to a decline in Safaricom activity with 3.78 million shares traded compared to Wednesday’s 8.9 million shares traded
The banking sector had shares worth Kes 269 million traded accounting for 66% of the day’s activity. Equity Group was the top mover of the day trading 4.69 million shares to close the day at Kes. 44.50 per share. The counter realized a turnover of Kes. 208.52 million. Other top movers of the day include Safaricom(3.78M), KCB(1.25M), and KPLC(1.09M). Safaricom closed the day at Kes. 28.55 realizing a 1.42% share price appreciation from Wednesday’s close. The Telecommunication giant closed the day at a market cap of Kes 1.14 Trillion.
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