NSE
An analyst at the Nairobi Securities Exchange (NSE). Merican Limited has been admitted to the Ibuka Program.

The bonds market receded by Ksh800 million at the Nairobi Securities Exchange (NSE) on the week opening April 8.

Monday’s NSE market report showed that after having posted a total of Ksh4.3 billion on Friday, the bonds fell to Ksh3.5 billion.

This was bookended by a decline in total deals made at the Fixed Income Securities Market Segment (FISMS). Deals fell from 80 during the previous trading session, to 56 on April 8.

At the equities, turnover ticked upwards to Ksh541 million on a volume of 27 million shares. The previous trading session had seen equity turnover settle at Ksh513 million on 16 million stocks.

Safaricom was a big mover, transacting 15.7 million stocks. The giant telco’s activity amounted to Ksh440 million and accounted for more than 80% of the day’s traded value.

Shares of Kenya’s biggest mobile operator by subscription base traded at between Ksh27.65 and Ksh28.

NSE Indices

All indices finished in the red zone on Monday, dropping as against the previous trading session.

  • The NSE 20 share Index was down 2.21 points to stand at 2844.64.
  • All Share Index (NASI) shed 0.28 points to settle at 159.24.
  • The NSE 25 Share index lost 7.46 points to settle at 3981.42.

Gainers and Decliners

The day’s biggest gainers were Eveready East Africa, Kenya Airways, Olimpia Capital Holdings, Scangroup and Carbacid Investments.

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On the decliners tab was CIC Insurance, Mumias Sugar, Crown Paints, Nairobi Business Ventures and Uchumi Supermarkets.

Joining Safaricom on the day’s biggest movers by volume of stocks were Kengen (7.9 million), Barclays Bank (1.1 million), Home Afrika (418,400) and Mumias Sugar (363,300).

Sectors Wrap

The Banking Sector had shares worth Ksh37 million transacted which accounted for 6.85% of the day’s traded value.

Barclays Bank moved 1.1 million shares valued at Ksh14 million at between Ksh11.95 and Ksh12.50.

Equity Group Holdings closed 1.62% lower to Ksh42.55, moving 152,000 shares valued at Ksh6.4 million.

KCB Group moved 116,000 shares worth Ksh5.2 million and closed at Ksh44.75.

The Commercial & Services Sector had shares worth Ksh3.6 million traded and accounted for 0.67% of the day’s turnover.

Nation Media Group exchanged 45,000 shares valued at Ksh2.8 million at between Ksh61.50 and Ksh62.50.

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In the Energy & Petroleum Sector, shares worth Ksh46.9 million traded and accounted for 8.67% of the day’s turnover.

KenGen actively moved 7.9 million shares valued at Ksh45.5 million at between Ksh5.70 and Ksh5.98.

The Investment Sector had shares worth Ksh1.6 million traded and accounted for 0.30% of the day’s turnover.

Centum was down five cents to Ksh31.60, moving 44,000 shares valued at Ksh1.4 million.

The Manufacturing & Allied Sector had shares worth Ksh8.1 million traded and accounted for 1.51% of the day’s turnover.

E.A Breweries moved 38,000 shares worth Ksh7.9 million at a fairly stable price of Ksh208.

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