This archive report was first published on 10 July 2019.
On Wednesday, the Nairobi Securities Exchange (NSE) saw a significant presence of banks, with these institutions accounting for 78% of the day's traded value. The market turnover retreated to Ksh559 million, down from the Ksh626 million recorded on Tuesday.
The total number of shares traded stood at 16.8 million, a slight increase from the 16.6 million shares traded on Tuesday. Safaricom, a serial top mover at the bourse, had 2.98 million shares valued at Ksh82 million transacted at between Ksh27.20 and Ksh27.75, representing 14.67% of the day's traded value.
The NSE 20 share Index rose by 6.52 points to stand at 2670.91, while the All Share Index NASI picked up 1.43 to stand at 148.86. The NSE 25 Share index added 26.22 points to settle at 3607.35.
Equity Group Holdings was the day's main feature, with 10 million shares valued at Ksh422 million changing hands at between Ksh40.00 and Ksh41.00. KCB Group moved 190,000 shares valued at Ksh7.5 million, closing at Ksh39.50.
The Commercial & Services sector had shares worth 7.4 million traded, accounting for 1.34% of the day's traded value. Nation Media Group (NMG) recorded a 3.68% loss, closing the day at Ksh47.15 with shares worth Ksh3.5 million transacted.
The Energy & Petroleum sector had shares worth 5 million traded, accounting for 0.89% of the day's traded value. KenGen moved 748,000 shares valued at Ksh4.4 million at between Ksh5.98 and Ksh6.10.
The manufacturing and Allied sector had shares worth 19 million traded, accounting for 3.47% of the day's traded value. East African Breweries Limited (EABL) closed the day 1.40% higher to Ksh199.75, moving 95,000 shares valued at Ksh19 million.
The bond market had bonds worth Ksh3.5 billion transacted.