As market closed on Tuesday 7th October, Unga Group became the top gainer in the day’s trading session at The Nairobi Securities Exchange. The manufacturing firm closed at KES 25.25 reflecting a gain of 8.6%. On the other hand, Flame Tree Group, which is also in the manufacturing sector, was the top looser In today’s trading session. The firm closed at KES 1.57, which was 6% lower than the previous trading session.
The number of today equity deals in the trading session were 5,935 compared to 5,024 in the previous trading session. The number of shares traded were 27.98 million, which was nearly double the 15.05 million recorded in the previous trading session. Trading activity was up by 174.8% to KES 588.02 million.
NSE Indices Performance
All the market indices dropped apart from the bond index which had a gain of 0.1%. The All Share Index (NASI) closed at 176.28 which is a 0.8% drop from the previous value of 177.67. NSE-20 had the major decline of 0.9% while both NSE-10 and NSE-25 dropped by 0.3%.
NASI’s performance was largely influenced by losses in stocks such as the NCBA Group (-1.1%), Safaricom Plc (-0.9%) and KCB Group (-0.9%).
The overall performance was driven by losses in stocks such as Safaricom Plc, British American Tobacco and Cooperative Bank which lost by 1.6%, 1.6% and 0.7% respectively. On the contrary the market had gains in stock from Stanbic Bank, East African Breweries and ABSA Bank which gained by 0.8%, 0.7% and 0.7% respectively.
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