This archive report was first published on 6 August 2020.
On August 6, 2020, the Nairobi Securities Exchange (NSE) witnessed a significant decline in equity turnover, plummeting to KSh 212 million. This represents a staggering 69% drop from the KSh 676 million recorded on the previous day.
The NSE 20 share Index took a hit, losing 3.00 points to close at 1759.28, while the All Share Index NASI managed a modest gain of 2.58 points, settling at 129.59. In contrast, the NSE 25 Share Index rose by 12.34 points to stand at 2968.11.
Foreign investors played a notable role, assuming a net buying position, accounting for 47.09% of total sales and 56.08% of total purchases.
The Banking sector emerged as the dominant force at the NSE, accounting for 59.38% of the day's traded value. Within this segment, Equity Group was the most active counter, transacting 2.9 million shares worth KSh 88 million at between KSh 29.50 and KSh 31.80.
Other notable transactions included NewGold ETF, which moved 5,000 units valued at KSh 1.8 million and closed at KSh 2,040.00. The bonds market also saw significant activity, with deals worth KSh 1.9 billion transacted.