STOCKS

BAT wrestles back NSE’s top mover tag from Safaricom

Share
Share

British American Tobacco (BAT) was Wednesday’s biggest mover at the Nairobi Securities Exchange (NSE) with 355,000 shares valued at Ksh216 million changing hands at between Ksh600 and Ksh609.

The cigarrete maker edged out Safaricom which was the top hit last week as well as on Monday and Tuesday. Safaricom had 4 million shares valued at Ksh107 million transacted at between Ksh26.30 and Ksh26.70 representing 26.51% of the day’s traded value.

Turnover rose to Ksh405 million from the previous session’s Ksh203 million, the number of shares traded stood at 8.5 million against 8.7 million posted yesterday.

The NSE 20 share Index was down 14.91 points to stand at 2932.40.

All Share Index NASI shed 0.64 points to settle at 154.59.

The NSE 25 Share index dropped 33.31 points to stand at 3846.12.

Read: East African Portland loss jumps 25% to Sh1.28 billion

 Banking

The banking sector had shares worth Ksh61 million transacted which accounted for 15.04% of the day’s traded value.

KCB Group moved 793,000 shares valued at Ksh33 million at between Ksh41.50 and Ksh42.20.

Equity Group Holdings up twenty cents to Ksh41.50 moved 393,000 shares worth Ks16 million.

Co-operative Bank down 1.02% to Ksh14.45 moved 309,000 shares valued at Ksh4.4 million.

Commercial & Services

The commercial & services sector had shares worth Ksh15 million traded & accounted for 3.79% of the day’s traded value.

Scangroup exchanged 1 million shares valued at Ksh12 million at between Ksh11.00 and Ksh12.95.

Longhorn Publishers closed 2.52% higher to Ksh5.70 moving 419,000 shares worth Ksh2.39 million.

Energy & Petroleum

The energy & petroleum Sector had shares worth Ksh2.2 million traded & accounted for 0.55% of the day’s turnover.

Kenya Power traded 309,000 shares valued at Ksh1.4 million at between Ksh4.50 and Ksh4.60.

See also: Barclays’ mobile loans app surpasses installation targets

Manufacturing & Allied

The manufacturing and allied sector had shares worth 216M traded & accounted for 53.40% of the day’s traded value.

Bonds

The Bond had bonds worth Ksh2.9 billion transacted.

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
SACCOs widen product suite as competition heats up
BUSINESS

SACCOs Expand Product Suite As Competition Heats Up

SACCOs (Savings and Credit Cooperative Societies) have continued to expand their digital...

Uchumi is one of the speculative counters at the NSE
ANALYSIS

Uchumi Shares: How to Play this Speculative Counter

Uchumi is a speculative counter, not built primarily on fundamentals or long-term...

Copia has been placed under liquidation
ANALYSISBUSINESS

Copia E-Commerce Platform Collapse: What led to One of Kenya’s Biggest Startup Failures

Copia is one of Kenya's online startups, which begun its origins during...

NCBA former Chief Fintech brain joins Absa South Africa
ANALYSISBUSINESS

NCBA Loses Its Digital Brain to Absa as Talent Poaching in Banks Heat Up

NCBA Group has lost Eric Muriuki, where he ran the LOOP digital...