This archive report was first published on 20 September 2021.
On Monday, the Nairobi Securities Exchange (NSE) witnessed a substantial decline in equity turnover, plummeting to KSh 183.7 Million, a 52% drop from the KSh 384.8 Million recorded on Friday last week.
Despite the decline, the number of shares traded remained relatively stable at 5.9 Million, compared to 12.3 Million in the previous session. Market capitalization also dipped slightly to KSh 2,830,661 Billion from KSh 2,847,929 Billion previously.
Equity deals increased to 1,222 from 1,008 at the previous session, indicating a moderate level of investor activity. The NSE All-Share Index closed at 181.64, down 1.11 points, while the NSE 20 Share Index declined by 4.46 points to close at 2056.99. The NSE 25 Share Index also dropped by 20.89 points to close at 3994.19.
On the positive side, the top price gainer was NSE, which rose by 6.05% to KSh 9.82, followed by Egads, which gained 4.09% to KSh 14.00, Liberty Holdings, which increased by 3.75% to KSh 8.30, Carbacid, which rose by 2.60% to KSh 11.85, and CIC, which closed at KSh 2.74, up 1.11%.
However, the worst loser was Total, which declined by 5.69% to KSh 24.05, followed by Car & General, which slid 4.91% to KSh 31.00, Eveready, which lost 3.96% to KSh 0.97, TPS Serena, which declined by 3.23% to KSh 15.00, and Longhorn Publishers, which lost 2.66% to close at KSh 4.03.
The biggest mover in the market was Safaricom, with a volume of 1.65 Million, followed by KenGen (1.19 Million), KCB (710,200), Kenya Reinsurance (426,700), and WPP ScanGroup (297,600).
On the secondary bonds market, the turnover was KSh 6.7 Billion from 163 deals, compared to KSh 8.6 Billion from 190 deals when trading ended on Friday last week. The derivatives market segment had 15 contracts worth KSh 596,000, compared to 20 contracts worth KSh 927,490 concluded at the previous session.
