NSE

Week on week turnover at the Nairobi Securities Exchange (NSE) rose to Ksh2.69 billion for the week ended July 26, having posted Ksh2.26 billion last week.

On the day, market turnover stood a Ksh346 million from the previous session’s Ksh1 billion, the number of shares traded standing at 13 million against 28 million posted yesterday.

The Bond Market turnover however decreased to a weekly value of Ksh16 billion compared to Ksh23.6 billion posted the previous session.

Banks and Safaricom continued the trend of dominating bourse trading, jointly contributing 75.97% to the week’s trading.

At Ksh1 billion, banks contributed 39.77% of the week’s traded value. Safaricom on the other hand, the week’s highest individual mover, transacted 35 million shares valued at Ksh976 million.

The giant telco’s weekly trading changed hands at between Ksh27.20 and Ksh28, representing 36.20% of the week’s traded value.

Listed companies performance

KCB Group touched a high of Ksh40 and a low of Ksh39.60 with shares worth Ksh348 million transacted.

Equity Group Holdings was down 0.25% to Ksh40.35 and moved 8.3 million shares worth Ksh340 million.

Barclays Bank edged up 1.46% to Ksh10.45 with shares worth Ksh170 million realized.

KenGen actively moved 5.5 million shares valued at Ksh33.5 million at between Ksh5.98 and Ksh6.50.

Centum traded 1 million shares valued at Ksh34 million, changing hands at between Ksh32.50 and Ksh33.50.

E.A Breweries meanwhile closed the week 2.26% higher to Ksh203.25 moving 1.9 million shares valued at Ksh397 million.

Indices meanwhile all dropped as follows;

  • All Share Index (NASI) shed 0.82 points to stand at 149.00.
  • NSE 20 share index was down 37.73 points or 1.40% to stand at 2651.80.
  • NSE 25 Share index ended 7.36 points lower to settle at 3606.21.

NSE futures trading

At the derivatives market, three single stock future contracts in Safaricom & E.A Breweries expiring in September 2019 were transacted. The overall futures trading was valued at Ksh75,000 at a price of Ksh28.10 and Ksh197 in the day’s trading.

This is against a price of Ksh27.60 and Ksh203.25 posted by both securities in the spot market.

[See Also: Government retreats in push for Kenyan CEO for Safaricom]

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