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Shares rise as turnover declines at NSE

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Share

 Turnover declined to Ksh231M from the previous session’s Ksh351M, the number of shares traded stood at 12M against 11M posted yesterday. The NSE 20 Share Index shed 4.87 points to stand at 5097.80. All Share Index (NASI) closed 0.02 points lower to stand at 161.78.

In agricultural sector Eaagads shares went down by 9.6% to Ksh37.75 moved 22,000 shares. Sasini remained unchanged at Ksh12.95, moving 10,000 shares. The banking sector had 3M shares traded and represented 1.34% of the day’s traded volume. Barclays Bank moved 1.6M shares at between Ksh16.25 and Ksh16.75. KCB and Equity Banks remained firm to trade at Ksh56.00 on 657,000 shares and Ksh49.50 on 295,000 shares respectively.

Kenya Airways went down five cents to Ksh9.00 moving 156,000 shares in the commercial and services sector that also saw Uchumi Supermarkets up thirty cents to Ksh10.60 moved 26,000 shares. In the energy & petroleum sector 1M shares were moved, which accounted for 0.44% of the day’s traded volume.

Kenya Power rose by 1.3% to Ksh16.15 moved 826,000 shares and KenolKobil moved 104,000 shares at a fairly stable price of Ksh8.70. The insurance sector saw 533,000 shares moved, which accounted for 0.23% of the day’s traded volume. CIC Insurance Group moved 357,000 shares at between Ksh9.65 and Ksh9.85. Kenya Re moved 54,000 shares and closed at Ksh17.45.

Manufacturing & Allied Sector moved 3.6M shares, which represented 1.58% of the day’s traded volume. Up three shillings to Ksh308.00, EA Breweries moved 59,000 shares. Mumias Sugar touched a high of Ksh2.05 and a low of Ksh1.90 on a volume of 1M shares.

Safaricom moved 3.7M shares and closed at Ksh13.75 in the telecommunication and technology sector.The bond market had bonds worth Ksh2.5billion transacted.

Written by
BUSINESS TODAY -

editor [at] businesstoday.co.ke

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