STOCKS

Banks, Safaricom Share Prices Fall But Market Turnover Grows

Share
NSE Gainers and Losers
Turnover today rose to Ksh466 million from Ksh458M posted yesterday, the number of shares traded stood at 14.9 million against 15 million posted the previous session.
Share

NSE gainers and losers: The equity market closed the week with 62 million shares valued at Ksh2 billion against 85 million shares valued at Ksh3 billion transacted the previous week. Turnover today rose to Ksh466 million from Ksh458M posted yesterday, the number of shares traded stood at 14.9 million against 15 million posted the previous session.

Meanwhile, the NSE 20 share index was up 4.32 points or 0.23% to stand at 1868.76, while the All Share Index (NASI) was down 2.09 points or 1.30% to stand at 158.59. The NSE 25 Share shaved off 41.34 points, or 1.16%, to stand at 3518.06.

Banking Sector had shares worth Ksh318 million transacted which accounted for 15.49% of the week’s traded value. KCB Group was down 2.68% to Ksh40.00 moved 3.5 million shares valued at Ksh42 million.

BK Group recorded a 18.52% gain to close the week at Ksh24.00 with shares worth Ksh42 million transacted. I&M Holdings slipped by 3.27% to Ksh47.40 with shares worth Ksh40.5 mil transacted.

NSE gainers
NSE gainers.

Insurance Sector had shares worth Ksh39 million transacted, which represented 1.92% of the week’s traded value. Jubilee Holdings rose by 2.33% to Ksh285, up from Ksh278.50 registered the previous week with shares worth Ksh33 million transacted.

NSE Losers
NSE Losers

Manufacturing & Allied Sector had shares worth Ksh274 million transacted which represented 13.36% of the week’s traded value. East African Breweries closed the week 3.64% higher to Ksh163.75 on a volume of 1.6 million shares valued at Ksh258 million. BAT moved 33,000 shares valued at Ksh15.8M and closed the week at Ksh470.50.

Telecommunication Sector saw Safaricom decline by 2.02% to Ksh36.30, down from Ksh37.05 registered the previous week with shares worth Ksh1.3 billion transacted; this represented 67.53% of the week’s traded value.

See Also >> NSE Extends Suspension Of Two Listed Companies

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WHAT YOU NEED TO KNOW IN POLITICS

FOLLOW US ON SOCIAL MEDIA

Related Articles
Umeme Ltd Share price
BUSINESSSTOCKS

NSE Extends Suspension of Trading in Umeme Ltd Shares

The suspension of trading in Umeme Ltd shares at the Nairobi Securities...

KCB bank global Ranking
BUSINESS

KCB Ranked Among Most Valuable Banking Brands

KCB has been named the seventh most valuable banking brand in the...

KCB 2024 profit
BUSINESS

Investors Reap Ksh9.6B as KCB 2024 Profit Hits New High

KCB 2024 profit after tax grew by 64.9% to Ksh61.8 billion, accelerated...

KBA Customer Satisfaction Survey
BUSINESS

KCB, NBK Scoop Top Awards on Customer Satisfaction

KCB Bank has scooped two top awards in the 2024 Kenya Bankers...