STOCKS

Weekly trading at NSE begins with Sh10 million plunge

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Nairobi Securities Exchange.
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Safaricom was Monday’s biggest mover with 4.9 million shares valued at Ksh130 million changing hands at between Ksh26.15 and Ksh26.70, representing 50.12% of the day’s traded value, while Ksh10 million was shed on the first day of the week at the Nairobi Securities Exchange (NSE).

The bourse opened the week with a total of 10million shares valued at Ksh260 million, against 11.3 million shares valued at Ksh270 million posted on Friday while the NSE 20 share Index was down 20.15 points to stand at 2956.87.

All Share Index (NASI) was up 0.67 points to settle at 155.03.

The NSE 25 Share index dropped 8.32 points to settle at 3882.85.

Banking

The banking sector had shares worth Ksh95.5 million transacted which accounted for 36.68% of the day’s traded value.

KCB Group moved 1.2 million shares valued at Ksh53 million at between Ksh42.00 and Ksh42.50

Equity Group Holdings down fifteen cents to Ksh41.20 moved 559,000 shares valued at Ksh23 million.

Barclays Bank moved 866,000 shares worth Ksh10 million and closed at Ksh11.55.

Read: Diamond Trust Bank being investigated over terrorism links

 Commercial & Services

The Commercial & Services Sector had shares worth Ksh17.7 million traded & accounted for 6.80% of the day’s turnover.

Nation Media Group (NMG) closed the day 3.49% lower to Ksh62.25 moving 260,000 shares valued at Ksh16 million.

Energy & Petroleum

The Energy & Petroleum Sector had shares worth Ksh6million traded & accounted for 2.31% of the day’s turnover.

KenGen moved 552,000 shares worth Ksh3.4 million at a fairly stable price of Ksh6.28.

Kenya Power down 2.50% to Ksh4.68 moved 385,000 shares valued at Ksh1.8 million.

Investment

The Investment Sector had shares worth Ksh1.7 million traded & accounted for 0.60% of the day’s turnover.

Centum exchanged 51,000 shares valued at Ksh1.7 million at between Ksh32.30 and Ksh32.85.

See also: Foreigners reap from under-exploited opportunities as Kenyans stick to tested ventures

Manufacturing & Allied

The Manufacturing & Allied Sector had shares worth Ksh6.9million traded & accounted for 2.66% of the day’s turnover.

East African Breweries Limited (EABL) stock declined by 1.89% to Ksh195.00, down from Ksh198.75 registered the previous session with shares worth Ksh6 million transacted.

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