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NSE sheds another Sh57 million as two day slump continues

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An analyst at the Nairobi Securities Exchange (NSE). Listed investments firm TransCentury has announced plans to delist from the NSE.
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Safaricom shares accounted for less than half of the total deals transacted at the Nairobi Securities Exchange (NSE) on Tuesday falling to 43.99% of the day’s traded value from Monday’s 50.12%.

Some 8.7 million shares valued at Ksh203 million were traded in 924 deals, down from 10.2 million shares valued at Ksh260 million posted on Monday.

The NSE 20 share Index was down 9.56 points to stand at 2947.31.

All Share Index (NASI) was up 0.20 points to stand at 155.23.

The NSE 25 Share index shed 3.42 points to stand at 3879.43.

Banking

The banking sector had shares worth Ksh98 million transacted which accounted for 48.04% of the day’s traded value.

Equity Group Holdings actively moved 1.3 million shares valued at Ksh54 million at between Ksh41.25 and Ksh41.50.

KCB Group unchanged at Ksh42.15 moved 462,000 shares worth Ksh19.5 million.

Co-operative Bank ticked up five cents to Ksh14.60 moved 728,000 shares valued at Ksh10.6 million.

 Commercial & Services

The Commercial & Services Sector had shares worth Ksh2.4 million traded & accounted for 1.22% of the day’s turnover.

Kenya Airways was down 3.50% to Ksh6.62 moved 189,000 shares worth Ksh1.2 million.

Read: Five motivational movies for entreprenuers

Energy & Petroleum

The Energy & Petroleum Sector had shares worth Ksh 5.6 million traded & accounted for 2.78% of the day’s turnover.

Kenya Power closed the day 2.78% lower to Ksh4.55 moving 1 million shares worth Ksh4.7 million.

Insurance

The Insurance Sector had shares worth Ksh3.9 million transacted which accounted for 1.94% of the day’s traded value.

Jubilee Holdings moved 7,000 shares valued at Ksh3 million and closed at Ksh430.00.

See also: Government needs to rethink role of private sector in Big Four Agenda

Telecommunication

Safaricom had 3.3 million shares valued at Ksh89.7 million transacted at between Ksh26.30 and Ksh26.65, representing 43.99% of the day’s traded value.

Bonds

The Bond Market had bonds worth Ksh1.9 billion transacted.

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