This archive report was first published on 12 June 2020.
On Thursday, the Nairobi Securities Exchange witnessed a substantial decline in trading activity, with a 50% drop in turnover compared to the previous day's Ksh. 716 Million. This marked a significant decrease, with the day's turnover settling at Ksh. 358.4 Million.
Foreign investor participation also saw a slight drop, accounting for 61.9% of trades. Safaricom was the day's main feature, with 3.4 Million shares traded, valued at Ksh. 105 Million, making up 29.23% of the day's traded value.
Equity Group closed the day at Ksh. 34.85, with over 1 million shares traded and an 80.1% foreign investor participation. KCB Group saw over 2.5 million shares traded, with 72% of trades done by foreign investors.
Britam Holdings emerged as the top gainer of the day, closing at Ksh. 8.90, a 9.14% increase from Ksh. 8.14 on Wednesday. Kenya Power, however, saw a 4.3% share price depreciation, with over 1.6 Million shares traded, all being local investor activity.
Safaricom and Flame Tree Group were the top net foreign buys, with Flame Tree seeing an end-of-day share price appreciation of 8.2%, closing at Ksh. 1.99. Net foreign sellers of the day were KCB Group and Centum Investments.
The Investment sector had shares worth Ksh. 11 Million traded and accounted for 3.07% of the day's traded value. Centum Investment moved 418,900 shares worth Ksh. 10.8 Million, closing the day at Ksh. 25.95.
The bond market had bonds worth Ksh. 1.1 Billion transacted, while the New Gold ETF moved 600 units valued at Ksh. 1 Million and closed at Ksh. 1,765.
