This archive report was first published on 21 August 2020.
On Friday, the Nairobi Securities Exchange (NSE) witnessed a substantial rise in equity turnover, reaching KSh 707.58 million at the close of trading. This significant increase was driven by a volume of 38.55 million shares transacted in 967 deals, a notable jump from the KSh 204.37 million posted on Thursday.
The NSE All Share Index rose by 0.19 points from 131.56 to 131.75, while the NSE 25 Share Index declined by 4.32 points or 0.14% to 3013.33 from 3017.65 posted on Thursday.
The NSE 20 Share Index also declined, falling by 10.76 points or 0.62% to 1723.96 from 1734.72.
The biggest movers at the bourse were Safaricom, which traded a volume of 11.65 million shares, followed by Kenya Re (5.37 million), NSE (4.44 million), NCBA Group (3.53 million), and Equity Group (2.40 million).
Among the top gainers, Nairobi Business Ventures saw its share price rise by 10% to KSh 0.66, while Eaagads Limited's share price appreciated by 10% to KSh 11.00. CIC's share price rose by 5.53% to KSh 2.10, and Housing Finance's shares price increased by 3.56% to KSh 4.07.
On the other hand, the biggest loser was NCBA Group, whose share price depreciated by 8.18% to KSh 20.20. Other notable losers included Home Africa, whose share price fell by 4.65% to KSh 0.41, and Williamson Tea, whose share price dropped by 3.02% to KSh 128.25.
The derivatives market remained inactive, with no contracts concluded during the trading session. The secondary bond market, however, recorded a rise in activity, with bonds worth KSh 845.87 million transacted in 108 deals, compared to KSh 524.48 million achieved in 85 deals during Thursday's trading session.
