This archive report was first published on 4 September 2019.
On September 3, the Nairobi Securities Exchange (NSE) witnessed mixed results in its market indices, with the counters of Flame Tree Group and Safaricom experiencing a downturn from the previous session.
The NSE 20 Share Index, which ranks the top 20 performing counters at the bourse, posted a 0.51% increase to end the day on 2,457.70 points, despite being on a downward slide since August 1.
The All Share Index, the market indicator for all listed firms, shed 3.27% to 3,442.01, while the NSE 25 Share Index lost 1.39 points to end the day at 142.19.
On the spot market, turnover ended the day at Ksh585 million on the back of 13.7 million traded shares, leading to a market capitalisation of Ksh2.14 trillion.
Flame Tree Group was the biggest loser, falling 10% in the red to end the day at Ksh2.25, while Safaricom dropped 6.6% to Ksh26.20, despite retaining the highest volume of traded shares at 5.5 million.
On the other hand, Britam Holdings posted an 8.86% spike to Ksh7.62, followed by Williamson Tea, which rose by 7.69% to end the day at Ksh140.
On the futures trading, a total of four deals brought the day's total trading value to Ksh487,000, with the NSE's first quarterly contracts set to expire later in the month.