This archive report was first published on 8 May 2020.
On Friday, the Nairobi Securities Exchange (NSE) wrapped up the trading week with a decline in volume, turnover, and deals. According to the latest market report, there was a 20% drop in volume, a 40% decline in turnover, and a 17% decline in deals.
During the trading session, a total of 15,627,000 shares were traded in 1,190 deals, with a market value of KSh 645.8 Million. The benchmark NSE 20 Share Index also declined, closing at 2034.71 after a 6.52-point drop.
East African Cables led the gainers with a 9.2% increase in share price, closing at KSh 1.90 per share. Eveready East Africa, Sanlam Kenya, and Kenya Airways also recorded gains.
On the losing side, Eaagads led with a 10.00% depreciation in share price, closing at KSh 9.00 per share. Standard Group, Limuru Tea, and East African Breweries also recorded losses.
The week's trading activity was led by Safaricom, which recorded the highest volume of 8.4 million traded shares. Equity Group, KCB Group, and KPLC followed closely behind.
Source: NSE Market Report 07/05/2020
