BUSINESS STOCKS

Eaagads, Kakuzi Lead Top Gainers Table at the NSE

Eaagads Limited is currently the 51st most valuable stock at the NSE with a market capitalization of Ksh 492 million

JACKSON OKOTHAug 19, 20251 Mins read1.5k

Eaagads Limited engages in the growing and selling of coffee.

Eaagads was the top price gainer at the NSE on Monday, with its share price rising 9.3% to close the day at Ksh 15.30 followed by Kakuzi which was up 7.5% to Ksh 400. The Nairobi Securities Exchange edged 7.45% to Ksh 11.55, Nation Media Group (NMG) gained 6.5% to Ksh 13.90 while EAPCC was up 6.4% to Ksh 58.50.

Eaagads Limited, which engages in the growing and selling of coffee, is currently the 51^st most valuable stock at the NSE with a market capitalization of Ksh 492 million. The current price of Eaagads is Ksh 15.30, recording a 9.3% gain over its previous closing price of Ksh 14.00. Eaagads began the year with a share price of Ksh 12.00 and has since gained 27.5% on that price valuation, ranking it 27th on the NSE in terms of year-to-date performance.

Top losers were Eveready, which was down 9.3% to Ksh 1.47, followed by Olympia Capital down 4.35% to KSh 6.28, Total Kenya declined 3.7% to KSh 28.45, as Crown Paints dropped 3.2% to KSh 44.05 and HF fell 2.6% to KSh 8.98.

The leading movers were Safaricom, which traded 7,709,800 shares, with its price rising 0.4% to KSh 27.00 followed by KCB which recorded 0.9% rise to KSh 54.50 and traded 3,342,600 shares. EABL moved 221,700 shares at a constant price of KSh 207, Equity Group traded 599,700 shares, its price rising 0.5% to KSh 54.75, while I&M Bank was up 3.1% to KSh 38.70 and Diamond Trust Bank traded 250,000 shares at KSh 85, up 4.3%.

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In Monday trading session, the NSE closed on a bullish mood for the 9^th consecutive session. The N10 and NSE 20 increased by 0.3% and 0.7% respectively. The NASI index was up 0.41% to 34.71 points, NSE 10 Index up 0.32% to 26.68 points while the NSE 25 index was up 0.40% to 26.86 points.

Market Capitalization at the NSE stood at US$ 20.3 billion while NSE turnover stood at KSh 607.3 Million. Foreign buys totalled KSh 254.3 million, which made up 41.87% of the total market while foreign sales were worth KSh 168.0 million or 27.67% of the total market.