This archive report was first published on 26 July 2019.
The Nairobi Securities Exchange (NSE) saw a significant increase in its weekly turnover, rising to Sh2.69 billion for the week ended July 26, 2019.
Market turnover on the day stood at Sh346 million, a substantial increase from the previous session's Sh1 billion. The number of shares traded also saw a notable decrease, standing at 13 million against 28 million the previous day.
On the other hand, the Bond Market turnover saw a decline, decreasing to a weekly value of Sh16 billion compared to Sh23.6 billion the previous session.
Banks and Safaricom continued to dominate bourse trading, jointly contributing 75.97% to the week's trading. Banks contributed Sh1 billion, accounting for 39.77% of the week's traded value, while Safaricom transacted 35 million shares valued at Sh976 million.
The giant telco's weekly trading changed hands at between Sh27.20 and Sh28, representing 36.20% of the week's traded value.
Listed Companies Performance ¶
KCB Group touched a high of Sh40 and a low of Sh39.60, with shares worth Sh348 million transacted.
Equity Group Holdings was down 0.25% to Sh40.35, with 8.3 million shares worth Sh340 million moved.
Barclays Bank edged up 1.46% to Sh10.45, with shares worth Sh170 million realized.
KenGen actively moved 5.5 million shares valued at Sh33.5 million, trading between Sh5.98 and Sh6.50.
Centum traded 1 million shares valued at Sh34 million, changing hands at between Sh32.50 and Sh33.50.
E.A Breweries closed the week 2.26% higher to Sh203.25, moving 1.9 million shares valued at Sh397 million.
Indices saw a decline, with the All Share Index (NASI) shedding 0.82 points to stand at 149.00, the NSE 20 share index down 37.73 points or 1.40% to stand at 2651.80, and the NSE 25 Share index ending 7.36 points lower to settle at 3606.21.
NSE Futures Trading ¶
At the derivatives market, three single stock future contracts in Safaricom & E.A Breweries expiring in September 2019 were transacted, with the overall futures trading valued at Sh75,000 at a price of Sh28.10 and Sh197 in the day's trading.
This is against a price of Sh27.60 and Sh203.25 posted by both securities in the spot market.
