NSE Trade opened the week with a total of 18.7 million shares valued at Ksh729 million, against 29.8 million shares valued at Ksh979 million posted on Friday.
NAIROBI, KENYA, MAR 12 — The banking sector controlled Monday’s trading at the Nairobi Securities Exchange even as the bourse commenced the week with low volumes compared to last week.
The banking sector traded shares worth Ksh395 million, accounting for 54.18 per cent of the day’s traded value.
KCB Group was the day’s main feature with 3.8 million shares valued at Ksh192 million changing hands at between Ksh49.00 and Ksh49.75 per share, the NSE noted in its daily market report.
“Equity Group Holdings up twenty five cents to Ksh48.00 moved 2.4 million shares valued at Ksh117 million. I&M moved 259,000 shares worth Ksh31 million and closed at Ksh120.00,” NSE reported.
Telecommunication company – Safaricom was the day’s second biggest mover with six million shares valued at Sh181 million transacted at between Ksh29.25 and Ksh29.75. This represented 24.87 per cent of the day’s traded value.
The manufacturing and allied sector had shares worth Ksh126 million transacted and represented 17.39 per cent of the day’s traded value.
E.A Breweries closed 1.26 per cent higher to Ksh242.00 moving 466,000 shares valued at Ksh112 million.
B.A.T up one shilling to Ksh651.00 moved 21,000 shares valued at Ksh13.6 million.
The Insurance Sector had shares worth Ksh8.5 million transacted and represented 1.17 per cent of the day’s traded value.
CIC Insurance traded 684,000 shares valued at Ksh3.8 million at between Ksh5.60 and Ksh5.80.
The commercial and services sector had shares worth Ksh5.58 million transacted and represented 0.77 per cent of the day’s traded value.
Nation Media Group moved 28,000 shares valued at Ksh2.8 million at a fairly stable price of Ksh102.00.
The investment sector had shares worth Ksh3.3 million transacted accounting for 0.46 per cent of the day’s traded value. Centum down twenty-five cents to Ksh44.75 moved 67,000 shares valued at Ksh3 million.
All NSE Indices closed in the green zone. The NSE trade 20 Share Index was up 5.24 points to stand at 3725.44.
All Share Index (NASI) picked up 0.65 points to stand at 181.25. The NSE 25 Share Index was up 21.45 points to stand at 4630.88.
The bond market had bonds worth Ksh3.3 billion transacted.
Also Read:Kenya keen on strengthening trade ties with the EU