Home ECONOMY Weekly turnover at NSE falls to KSh 1.5 Billion

Weekly turnover at NSE falls to KSh 1.5 Billion

by biasharadigest

In the past week at the Nairobi Securities Exchange, 63 million shares worth KSh1.5 Billion were traded. This is compared to the 146 million shares valued at KSh 2.7 Billion transacted the previous week.

The NSE All Share Index (NASI) gained 1.82 points during the week to close at 139.57, representing a one week gain of 1.32%. This was a monthly gain of 0.28% but an overall year to date loss of 16.13%.

The NSE 20 share index was up 7.35 points during the week to close at 1945.95, representing a one week gain of 0.38% and a year to date decline of 26.69%.

The NSE 25 share index dropped 12.06 points from the previous week’s close, to close the week at 3,219.26 points.

During the week, Kenya Airways shares were suspended from trading for three months. At the time of suspension, KQ had locked in 40.8% in weekly gains for investor returns, jumping to KSh 3.83, up from KSh2.72 registered the previous week with shares worth KSh 12 Million traded.

The Derivatives Market closed the week with a total of 20 contracts valued at KSh612,000. This is compared to 27 contracts valued at KSh803,000 transacted the previous week.

Secondary trading on the bond market at the NSE saw KSh9.0 Billion worth of bonds transacted as compared to the KSh20 billion in the previous week.

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