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NSE Equity Turnover Rises 6% to KSh 395.4 Million

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 13 July 2021.

On July 13, 2021, the Nairobi Securities Exchange (NSE) marked a 6% increase in turnover, reaching KSh 395,410,780.00. This growth was accompanied by a 27% surge in the volume of shares traded, reaching 13.2 million, although the number of deals declined by 9% to 1,025.

With a market capitalization of KSh 2.65 trillion, the trading session saw 24 gainers and 15 losers among the 49 listed equities. Express Kenya led the gainers with a 10% share price appreciation, closing at KSh 4.40 per share.

Express Kenya Limited (XPRS) began the year with a share price of KSh 3.61 and has since gained 21.88% on that price valuation, ranking it 10th on the NSE in terms of year-to-date performance. The stock has also accrued 7.32% over the past four-week period.

On the losing side, Standard Group was the worst performer with a 10% depreciation at KSh 17.10 per share. Safaricom recorded the highest volume of traded shares, with 6 million shares changing hands.

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