NSE 20 share Index drops 15.26 points to stand at 2871.90
Trading at the Nairobi Securities Exchange (NSE) opened the week on a positive note as the value of shares traded closed 65.4 per cent higher at Ksh865 million(US$8.6million ), compared to Ksh523 million (US$5.2 million)traded last Friday.
The day saw a total of 30.5 million shares moved, up from 18.6 million shares on Friday when the market took a weekend break.
The NSE 20 share Index, which tracks blue chip companies, was however down 15.26 points to stand at 2871.90. All Share Index (NASI) also shed 0.93 points to settle at 159.07 while the NSE 25 Share index lost 25.59 points to settle at 3953.65.
Safaricom was the day’s main feature with 22.9 million shares valued at Ksh643 million changing hands at between Ksh27.50 and Ksh28.20; accounting for 74.29 per cent of the day’s traded value.
The banking sector had shares worth Ksh205 million transacted which accounted for 23.77 per cent of the day’s traded value.
Equity Group Holdings actively moved 1.65 million shares valued at Ksh70.9 million at between Ksh42.50 and Ksh43.50. KCB Group moved 1.4 million shares worth Ksh64 million and closed at Ksh44.40. Co-operative Bank down 1.29 per cent to Ksh15.35 moved 2.2 million shares valued at Ksh34 million.
Manufacturing & Allied
The manufacturing and allied sector had shares worth Ksh5.8 million traded and accounted for 0.67 per cent of the day’s turnover.
East Africa Breweries Limited (EABL) traded 27,000 shares valued at Ksh5.5 million at between Ksh206.00 and Ksh207.00.
Energy & Petroleum
The energy and petroleum sector had shares worth Ksh2.6 million traded and accounted for 0.31 per cent of the day’s turnover.
KenGen moved 358,000 shares valued at Ksh1.9 million and closed at Ksh5.56.
The investment sector had shares worth Ksh1.9 million traded and accounted for 0.23 per cent of the day’s turnover.
Centum moved 60,000 shares valued at Ksh1.9 million at a fairly stable price of Ksh32.00.
The bond market had bonds worth Ksh3 billion transacted.
Exchange Rate: $1=Sh101