Home BUSINESS NEWS NSE Market Turnover Rises to KSh 924 Million

NSE Market Turnover Rises to KSh 924 Million

by biasharadigest

Trading on Thursday at the Nairobi Securities Exchange saw a turnover of Ksh. 924.07 million, a slight improvement from Wednesday’s Ksh. 883 million. Top mover of the day was Safaricom exchanging 16.68 million shares. Safaricom was trading between Ksh. 26.95 and Ksh. 27.45 making a turnover of Ksh. 450.43 million. Safaricom closed the day at Ksh. 27.00

Kengen (KEGN) moved 7.72 million shares trading at an average of Ksh. 5.60. Kengen stock made a turnover of Ksh. 43.21 million in 50 deals. Kengen was the top gainer of the day with a 4.45% share price appreciation. Energy sector counterpart KPLC saw a turnover of KSh795,914 closing at Ksh. 1.92 per share.

Other top gainers were Trans-Century(2.86%), Longhorn Publishers(2.74%), CIC Insurance(2.10%) and Stanbic Holdings(1.28%). Stanbic closed at Ksh. 79.00.

Market losers of the day were Flame Tree Group and Uchumi with 6.25% and 5.41% share depreciation. Kenya Re-Insurance shed off 4.55% of its share price value closing at Ksh. 2.31. Kenya Re-Insurance saw a turnover of Ksh. 1.2 million. Other stocks with end of day share price depreciation were Eveready(3.85%) and Umeme(2.51%)

Banking sector giants Equity Group and KCB Group moved 6.23 million and 2.09 million shares respectively. Equity saw a turnover of Ksh. 213 million closing at Ksh. 34.20 per share. KCB was trading between Ksh. 34.50 and Ksh. 35.60 making a turnover of Ksh. 73.16 million. ABSA moved shares worth Ksh. 5.63 million closing at Ksh. 9.12. Co-operative Bank saw a turnover of Ksh. 3.56 million closing at Ksh. 12.00 per share. NCBA moved shares worth 1.75 million closing at Ksh. 25.85

The NSE All share index gained 0.08 points to close at 131.98. The NSE 20 shed off 7.14 points to close at 1906.43 while the NSE 25 shed 2.32 points to close at 3107.19

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