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Investor wealth at the NSE falls to Sh2.38 trillion

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An analyst at the Nairobi Securities Exchange (NSE). Merican Limited has been admitted to the Ibuka Program.
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Market capitalisation, the measure of the total worth of investors at the Nairobi Securities Exchange (NSE) fell as trading at the bourse opened with a bump in equity turnover and shares volumes.

Having marked at Ksh2.39 trillion during the previous trading session, the NSE opened the week starting March 25 with a market capitalisation of Ksh2.38 trillion.

At the equity counter, turnover rose from Ksh523 million to Ksh865 million while stocks traded also jumped from 18.6 million to 30.5 million.

The indices counter finished in the red zone, with the NSE 20 Share Index, the All Share Index and the NSE 25 Share Index all shedding points.

  • The NSE 20 share Index was down 15.26 points to stand at 2871.90.
  • All Share Index (NASI) shed 0.93 points to settle at 159.07.
  • The NSE 25 Share index lost 25.59 points to settle at 3953.65.

The Bond Market meanwhile had bonds worth Ksh3 billion transacted.

NSE Sectors Wrap

In Telecommunication, Safaricom was the day’s main feature with 22.9 million shares valued at Ksh643 million changing hands at between Ksh27.50 and Ksh28.20. This represented 74.29% of the day’s traded value.

The Banking Sector had shares worth Ksh205 million transacted which accounted for 23.77% of the day’s traded value.

Equity Group Holdings actively moved 1.65 million shares valued at Kes.70.9 million at between Ksh42.50 and Ksh43.50. KCB Group moved 1.4 million shares worth Ksh64 million and closed at Ksh44.40. Co-operative Bank was down 1.29% to Ksh15.35 and moved 2.2 million shares valued at Kes.34 million.

In Energy & Petroleum Sector had shares worth Kes.2.6M traded & accounted for 0.31% of the day’s turnover.

KenGen moved 358,000 shares valued at Ksh1.9 million and closed at Kes.5.56.

The Investment Sector had shares worth Ksh1.9 million traded & accounted for 0.23% of the day’s turnover.

Centum moved 60,000 shares valued at Ksh1.9 million at a fairly stable price of Ksh32.

The Manufacturing & Allied Sector had shares worth Ksh5.8 million traded & accounted for 0.67% of the day’s turnover.

E.A Breweries traded 27,000 shares valued at Ksh5.5 million at between Ksh206  and Ksh207.

[Read: Radical proposals to tame rogue Saccos]

Written by
Mike Njoroge -

Mike Njoroge is the founder of Daystar Oracle and FootballTriangle. He is passionate about news, religion and sports. He can be reached at: [email protected]

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