Investor wealth at the Nairobi Securities Exchange (NSE) closed at Ksh2.3 trillion on March 4, moving up from the Ksh2.28 trillion posted previously.
The upward surge saw turnover at the bourse open at Ksh273 million on the first day of the trading week.
On a total of 28 million shares, Monday’s opening was Ksh433 million less than Friday’s turnover, which had however endured less stocks (18 million).
The bourse also registered a decline in the NSE 20 Share Index, meaning trading was slow for the 20 highest trading firms at the NSE.
In contrast, the NSE All SHare Index (NASI) and the NSE 25 Share Index all posted positive gains.
The Bond Market had bonds worth Ksh1.8 billion transacted.
Sectors Wrap at the NSE
Driving the day’s mixed messages trading was the Energy and Petroleum sector, which transacted 45.89% of the day’s turnover.
Umeme moved 22 million shares valued at Ksh120 million. The firm’s shares changed hands at between Ksh5.30 and Ksh6.30. KenGen on the other hand closed the day 2.74% to Ksh6.40, moving 604,000 shares worth Ksh3.8 million.
Another big mover was in the Telecommunication sector, where Safaricom had 3.3 million shares valued at Ksh88.6 million.
The giant telco’s shares transacted at between Ksh26.05 and Ksh26.55 and represented 32.42% of the day’s traded value.
The Banking Sector had shares worth Ksh37.8 million transacted, accounting for 13.86% of the day’s traded value.
Standard Chartered Bank moved 82,000 shares valued at Ksh16 million while Equity Group Holdings was down thirty-five cents to Ksh40.60 and moved 252,000 shares valued at Ksh10 million.
In the Commercial and Services Sector, shares worth Ksh3.5 million were traded and accounted for 1.29% of the day’s turnover.
The Insurance Sector had shares worth Ksh12.9 million with Kenya-Re trading 674,000 shares worth Ksh9.3 million.
In the Manufacturing and Allied sector, shares worth Ksh3 million were traded and accounted for 1.10% of the day’s turnover.
E.A Breweries exchanged 13,000 shares valued at Ksh2.7 million at between Ksh195.50 and Ksh196.00.
See Also: Bulls and bears
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