This archive report was first published on 22 August 2020.
On August 22, 2020, the Nairobi Securities Exchange (NSE) witnessed a significant shift in trading activities, with the banking sector taking center stage.
According to the week's trading data, the banking sector transacted a total of shares worth KSh996 million, accounting for 50.81% of the week's traded value.
Equity Group recorded the highest gain, with its share price increasing by 14.61% to KSh32.95, and 6 million shares valued at KSh191 million being transacted.
Kenya's largest bank, KCB, also saw its share price rise by 10.15% to KSh33.65, with shares worth KSh536 million being traded.
On the other hand, Co-operative Bank's share price declined by 3.23% to KSh10.50, with 11 million shares valued at KSh117.6 million being transacted.
The NSE 20 share index closed the week down 19.62 points or 1.13% to stand at 1723.96, while the All Share Index (NASI) added 2.29 points or 1.77% to settle at 131.75.
The NSE 25 Share index, however, rose by 73.50 points or 2.50% to stand at 3013.33.
The Derivatives Market closed the week with a total of 10 contracts valued at KSh247,000, while the turnover at the NSE closed the week with 111 million shares valued at KSh1.9 billion, a significant increase from the previous week's 69 million shares valued at KSh1.68 billion.
