This archive report was first published on 2 November 2021.
Nairobi Securities Exchange (NSE) recorded a significant increase in daily equity turnover to KSh 483.7 million on November 1st, 2021, marking an 87.553% rise from the previous day.
According to a daily brief by AIB-AXYS Africa Research, foreign investors' participation at the bourse increased to 62% from 52.3% the previous day.
Foreign investors dominated trading in Safaricom (69%) and Equity Bank (75.1%), while local investors were most active in KPLC (96.1%) and Co-operative Bank (53.0%).
Foreign investors sold KSh 332.3 million worth of shares, while their buying volume was KSh 267.3 million.
The NSE All-Share Index (NASI) closed at 174.85, down 0.98 points, while the NSE 20-Share Index was down 13.36 points to close at 1958.66.
Activity is expected to heighten on Carbacid Investments and KenGen, which have declared dividends, as investors rush to cash in.
Carbacid Investments announced a special dividend of KSh 0.90 on November 2nd, 2021, with book closure set for November 26th, 2021, and payment on December 17th, 2021.
KenGen has announced a final dividend of KSh 0.70 on November 1st, 2021, with book closure set for December 16th, 2021, and payment to shareholders on February 10th, 2022.
