This archive report was first published on 20 September 2019.
On September 20, 2019, the Nairobi Securities Exchange (NSE) recorded a significant increase in trading activity, with a total turnover of Sh2.8 billion.
This marked a substantial jump from the previous week's turnover of Sh1.7 billion, with volumes rising from 74 million shares traded to 94 million shares transacted.
The Bond market, however, experienced a decline, with a turnover of Sh7.8 billion compared to Sh8.1 billion in the previous week.
The banking sector played a crucial role in boosting the weekly turnover, with shares worth Sh1.5 billion being transacted, accounting for 54.35% of the week's traded value.
Among the top-performing banks were KCB Group, Equity Group, and Barclays, with KCB Group moving 16 million shares valued at Sh654 million, Equity Group moving 11.2 million shares worth Sh428 million, and Barclays Bank moving 15 million shares valued at Sh167 million.
Meanwhile, the manufacturing and allied sector contributed Sh757 million to the week's traded value, with BAT Kenya and EABL being the top movers in this sector.
On Friday, September 20, the market activity saw a decline in turnover, with a total of Sh646 million being traded, compared to Sh1 billion in the previous session.
The market indicators finished in the green zone, with the All Share Index (NASI) increasing by 1.17 points to 144.98, the NSE 20 share index adding 11.13 points to 2442.50, and the NSE 25 Share index picking up 30.20 points to settle at 3474.47.
