Single stock futures contracts of Kenya Commercial Bank (KCB) saw the derivatives market at the Nairobi Securities Exchange (NSE) inch upwards to Ksh396,000 by closing bell on September 5.

KCB transacted four futures contracts worth Ksh156,00 which are due to expire on September 19, the first quarterly expiry date at the derivatives market.

Safaricom accounted for the other nine contracts worth Ksh240,000 that constituted the day’s futures trading market activity. The mobile phone operator’s contracts however are scheduled to expire in December.

During the previous session, the NSE derivatives market had posted a total value of Ksh156,760.

Safaricom meanwhile gained 20cents, managing to move 19 million shares, the largest on the day.

Dominating the NSE trading at 70%, the only listed telco finished at Ksh26.85, having traded at a high of Ksh28.50. Safaricom’s trading was valued at Ksh520 million.

NSE Market Indicators and Sectors

The market indicators at the bourse performed as such;

  • All Share Index (NASI) picked up 0.30 points to stand at 143.46.
  • NSE 20 share Index was up 15.48 points to stand at 2444.54.
  • NSE 25 Share index was down 7.69 points to settle at 3443.31.

Market turnover meanwhile retreated to Ksh738 million from the previous session’s Ksh811 million. The number of shares traded stood at 27.7 million against 28.8 million posted yesterday.

The Banking Sector had shares worth Ksh150 million transacted which accounted for 20.39% of the day’s traded value.

Equity Group Holdings closed the day 2.93% lower to Ksh38.10 moving 1.5 million shares valued at Ksh60 million. Co-operative Bank was up 5cents to Ksh11.40 and moved 2.6 million shares valued at Ksh30 million. Barclays Bank moved 2.1 million shares worth Ksh23.8 million and closed at Ksh23.8 million.

The Energy & Petroleum sector had shares worth 1.8 million traded which accounted for 0.25% of the day’s traded value.

KenGen moved 316,000 shares valued at Ksh1.7 million at between Ksh5.52 and Ksh5.60.

The Manufacturing and Allied sector had shares worth Ksh64.6 million traded and accounted for 8.75% of the day’s traded value.

E.A Breweries had 332,000 shares valued at Ksh64 million transacted at between Ksh193 and Ksh195.


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