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NSE Turnover Surges 42% to Ksh. 359.07 Million

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 30 June 2020.

On Tuesday, the Nairobi Securities Exchange (NSE) witnessed a significant surge in turnover, rising 42% to Ksh. 359.07 Million. This marked a substantial increase from the previous day's turnover of Ksh. 253 Million.

Safaricom was the top performer, with 8.32 Million shares traded, resulting in a turnover of Ksh. 238.34 Million. The telecommunication giant holds a market capitalization of Ksh. 1.15 Trillion.

Kenya Airways was the top gainer of the day, with its share price appreciating 9.70% to close at Ksh. 3.28. A total of 1.33 million KQ shares were exchanged, resulting in a turnover of Ksh. 4.35 million.

Other gainers included Liberty Kenya (6.93%), Eveready (4.81%), Flame Tree Group (4.67%), and Uchumi (3.33%). Umeme Ltd closed the day with a 2.00% share price appreciation.

East Africa Cables was the top loser of the day, with a 5.45% share price depreciation. East African Breweries lost 4.55% of its share price value, closing at Ksh. 163. A total of 263,500 EABL shares were exchanged, resulting in a turnover of Ksh. 42.85 million.

The NSE All share index declined by 1.11 points to close at 137.68. The NSE 20 share index fell by 10.14 points to close at 1942.12. The NSE 25 share index also fell 29.82 points to close at 3217.11.

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