Manufacturers take over the NSE trading floor

Exciting activity from BAT Kenya continues at the Nairobi Securities Exchange (NSE), leading to an upsurge in trading from the manufacturing sector as against the other counters.

At closing bell at the NSE on February 13, manufacturing posted transactions worth Ksh216 million. BAT Kenya moved 328,000 shares valued at Ksh209 million changing hands at Ksh680.

The sector’s activity accounted for 28.77% of the day’s traded value, a session whoch had seen the NSE record a turnover of Ksh752 million.

Representative of a marginal boost at the bourse was the fact the previous session had noted Ksh617 million in turnover. The volume of shares traded on Wednesday stood at 21.6 million as against 19.8 million yesterday.

The energy sector, on the back of trading shares worth Ksh201 million, followed the manufacturers closely. In this counter, KenolKobil was the most traded with 9 million shares valued at Ksh199 million changing hands.

Safaricom had 5.8 million shares valued at Ksh156 million changing hands at between Ksh26.05 and
Ksh27. The giant telco’s activity meant the telecommunication sector traded 20.82% of the day’s traded value.

At the indices, performance was as such:

• The NSE 20 share Index was up 6.37 points to stand at 3070.33.
• All Share Index NASI remained unchanged to settle at 160.28.
• The NSE 25 Share index was down 4.11 points to stand at 4074.69.

The Bond Market had bonds worth Ksh4.6 billion transacted.

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