This archive report was first published on 14 May 2020.
Yesterday's trading at the Nairobi Securities Exchange (NSE) saw a significant decline in market turnover, which dropped to KSh 630 million. This is a stark contrast to the KSh 1.6 billion worth of trading recorded on Tuesday, as reported on Kenyan Wall Street on May 14, 2020.
Safaricom continued to dominate trading at the bourse, with 10.5 million shares traded at between KSh 27.50 and KSh 28.50. This accounted for 46.24% of the day's traded value.
The Banking sector also saw significant activity, with shares worth KSh 233 million traded. Equity moved 4 million shares valued at KSh 144 million, while KCB and Co-Op Bank moved 1.3 million shares and 1.2 million shares respectively, worth KSh 50 million and KSh 16 million.
Kenya Power moved 3.2 million shares valued at KSh 6.2 million in the Energy sector, while EA Breweries, in the manufacturing sector, was the most dominant, moving 371,400 shares at between KSh 165.00 and KSh 175.00.
The NSE 20 share index was down 42.71 points to stand at 1996.28, while the All Share index NASI dropped 1.47 percent to 137.37.
Kenya Airways registered the biggest share price gain of 9.87 percent from KSh 1.52 to KSh 1.67. Other companies that posted an increase in share price include Sameer, NBV, Uchumi, and Eveready, all with share prices below KSh 1.
The losers in yesterday's trading included NCBA, Liberty, Fahari, TP Serena, and Sanlam.