This archive report was first published on 24 August 2020.
On Monday, August 24, 2020, the Nairobi Securities Exchange (NSE) witnessed a significant decline in turnover, reaching KSh 260.9 million at the close of trading.
This marked a substantial drop from the previous day's turnover of KSh 707.6 million on Friday, August 21, 2020.
The top movers on the exchange included Safaricom, which traded 4.17 million shares, followed by Equity with 2.37 million shares, Co-operative Bank with 808,500 shares, CIC with 761,700 shares, and KPLC with 561,000 shares.
The NSE All-Share Index rose by 0.58% to 132.52 from 131.75, an increase of 0.77 points. The NSE 20-Share Index also increased to 1748.40 from the previous 1723.96, a rise of 24.44 points or 1.42%.
Kenya Re led the top gainers, with its share price rising 8.84% to KSh 2.34, followed by NCBA at 8.42% to KSh 21.90, Bank of Kigali at 6.67% to KSh 16.00, Uchumi up 6.06% to 35 cents per share, and I&M Holdings with a 4.65% increase to KSh 45.00.
On the other hand, CIC's share price declined by 4.29% to KSh 2.01, while Umeme Limited's share price fell by 3.95% to KSh 6.80, Jubilee's by 3.72% to KSh 219.75, Bamburi's by 3.70% to KSh 22.10, and Flame Tree Group Holdings' by 3.68% to KSh 1.31.
On the derivatives market, the Equity Bank single stock futures contract expiring on September 17 was concluded at a price of KSh 33.04, resulting in a turnover of KSh 33,040 on the derivatives segment.
Meanwhile, the secondary bond market experienced an upsurge during Monday's session, with bonds worth KSh 1.18 billion transacted in 76 deals, compared to KSh 845.87 million achieved in 108 deals on the previous Friday.
