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NSE Trading Activity Declines to KSh 3.4 Billion

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 20 July 2020.

Published on July 20, 2020, the Nairobi Securities Exchange (NSE) reported a decline in trading activity, with a turnover of KSh 3.4 billion in the past week.

The NSE All-Share Index lost 0.13 points last week, closing at 132.25, representing a weekly loss of 0.13% and a year-to-date loss of 20.53%.

On the other hand, the NSE 20 share index added 8.08 points to close at 1,909.36, representing a one-week gain of 0.42% but a year-to-date loss of 28.07%.

The NSE 25 share index closed last Friday at 3,107.31, with a weekly change of 15.30 points but a year-to-date loss of 22.42%.

Meanwhile, the Derivatives Market of the NSE (NEXT) closed the week with a total of 19 contracts transacted, valued at KSh 537,000.

Notably, there was a decline in deals but a rise in value from the 20 contracts valued at KSh 489,000 transacted the previous week.

The Secondary Bond Market traded bonds worth KSh 11.5 billion compared to the KSh 14 billion traded the previous week.

On the global scene, the S&P 500 Index made the largest gains since February, while most indices in Europe rose over the week on reports of progress in the development of a coronavirus vaccine.

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