This archive report was first published on 19 July 2021.
On Monday, July 19, 2021, the Nairobi Securities Exchange (NSE) concluded trading with a total of 17,139,800 shares in 1,085 deals, valued at KSh 612,087,886.00.
The NSE's current market capitalization stands at KSh 2.71 trillion, with 49 listed equities participating in trading. The day's trading resulted in 20 gainers and 20 losers.
Liberty Kenya Holdings took the top spot among gainers, with a 9.74% increase in its share price, closing at KSh 8.56 per share, up from KSh 7.80 previously.
As a subsidiary of Johannesburg Stock Exchange-listed Liberty Holdings, a financial services conglomerate, Liberty Kenya Holdings offers investment, insurance, and health products to individuals and businesses.
The company's recent performance is attributed to the Standard Bank Group's announcement of purchasing additional shares in Liberty Holdings, which has a subsidiary in Kenya.
Liberty Kenya Holdings, formerly CFC Insurance Holdings Ltd, is a Kenya-based holding company providing life and property/casualty insurance coverage. Its subsidiaries include CfC Life Assurance Limited and The Heritage Insurance Company Limited in Kenya.
With a current market capitalization of KSh 4.59 billion, Liberty Kenya Holdings is also the 39th most traded stock on the NSE over the past three months (April 20 – July 19, 2021).
Top Gainers and Losers ¶
Other notable gainers include ScanGroup, Eveready East Africa, and TPS Eastern Africa Serena, while Jubilee Holdings led the losers with an 8.12% decline in its share price.
