Turnover at the Nairobi Securities Exchange (NSE) rose to Kes 113 million compared to Monday’s 93.5 million. A total of 5 million shares were traded.
The top gainer of the day was Limuru Tea with a 9.94% share price appreciation to close at Kes 462 per share. Other gainers of the day included: East African Cables(5.56%), Liberty Kenya(5.45%), and Nation Media(4.16%). Nation Media closed the day at Kes 18.80 per share.
Safaricom PLC was the top mover of the day, exchanging 2.51 million shares valued at Kes 72.74 million in 64 deals. The telecommunication giant closed the day at Kes 29.00 per share with a 1.69% share price depreciation. Other top movers of the day were: Centum(1.16M), Co-operative Bank(747,900), and I&M Holdings(500,000)
Centum was the top loser of the day with a 19.52% share price depreciation to close at Kes 8.00 per share. Centum recently declared a Kes 391 million dividend payout to shareholders representing a 77% increase from dividends paid in the previous year. Other losers of the day included: Co-operative Bank(3.08%), BAT(2.77%), and I&M(2.58%). I&M closed the day at Kes 17.00 per share.
Bonds & Derivatives Market on the NSE.
The Derivatives market had a total of 26 contracts traded valued at Kes 304,000. The bond market had bonds worth Kes 6.1 Billion transacted compared to Kes 2.3 Billion
Also Read: Centum Shares Tumble on the NSE Amidst Dividend Boost