Trading on single stock future contracts at the Nairobi Securities Exchange (NSE) amounted to 12 at closing bell on July 30, increasing doube-fold from the previous session.

For the second day in a row, only Safaricom managed to transact deals on the Nairobi bourse’s derivatives market.

The giant telco brought futures trading to a total value of Ksh335,200, jumping from Monday’s Ksh169,260.

Twelve contracts in Safaricom were transacted, doubling on from the six which exchanged hands a day earlier.

Of the 12, ten were for contracts due to expire on September 19, while the other two constituted contracts set for December 19.

The contracts expiring in 51 days were worth Ksh280,000 with the December ones valued at Ksh55,200.

Other single stock contracts for Equity, EABL, BAT Kenya and KCB, as well as the NSE-25 Share Index posted no figures on the derivatives market.

The bourse meanwhile registered a market turnover of Ksh554 million, rising from the previous session’s Ksh471 million.

Number of shares traded stood at 18.7 million as against 6.5 million posted yesterday.

Market indicators finished in the red, with all indices declining.

  • All Share Index NASI shed 0.58 points to stand at 148.44.
  • NSE 20 share Index edged down 0.61% to stand at 2630.35.
  • NSE 25 Share index was down 14.15 points to settle at 3594.39.

The Banking Sector had shares worth Ksh214 million transacted which accounted for 38.65% of the day’s traded value.

Construction and Allied sector had shares worth Ksh80.5 million traded and accounted for 14.54% of the day’s traded value.

The Manufacturing &Allied sector had shares worth Ksh66.7 million traded & accounted for 12.02% of the
day’s traded value.

Safaricom finished the day as the biggest mover with 6.6 million shares valued at Ksh181 million changing hands at between Ksh27.40 and Ksh27.60. This represented 32.70% of the day’s traded value.

The Bond market meanwhile registered improved activity with bonds worth Ksh4.6 billion transacted against Ksh3.6 billion posted the previous session.

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