NSE posts Sh1.6 billion as BAT Kenya trades 1.2 million shares

Boosted by the sale of BAT Kenya shares, turnover at the Nairobi Securities Exchange surged to Ksh1.6 billion on January 30.

The previous session had posted Ksh487 million, meaning Wednesday’s turnover jumped by more than half a billion.

In terms of volume, the number of shares traded at the NSE on Wednesday stood at 28.8 million, against 15.4 million posted on January 29.

BAT Kenya, the main feature in the Manufacturing and Allied sector, had shares worth Ksh808 million traded on Wednesday.

The volume of BAT Kenya’s shares stood at 1.2 million shares, changing hands at between Ksh646 and Ksh647.

Accounting for 55.53% of the day’s traded value, the Manufactured and Allied Sector performed well in Wednesday’s trading, moving shares worth Ksh898 million.

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Indices registered a mixed performance, with the NSE 20 Share Index down 1.88 points to stand at 2938.78.

The other indices moved up, with the All Share Index (NASI) inching 0.99 points to settle at 149.29 while the NSE 25 Share index was up 22.25 points to stand at 3841.85.

In the Bond Market, improved performance continued to be registered with bonds worth Kesh5.9 billion transacted compared to Ksh3.8 billion posted the previous session.

This is not the first time this year that BAT Kenya shares are exciting the market, having pushed the NSE to a turnover of Ksh1.1 billion on January 24.

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