Equity Group Holdings was the day’s main feature with 2.3 million shares traded
The week’s trading at the Nairobi Securities Exchange (NSE) opened on a modest pace marked by low volumes and value of shares.
The bourse opened the week with a total of seven million shares valued at Ksh219 million (US$2.2 million) against 9.3 million shares valued at Ksh249 million (US$2.5 million) posted on Friday.
The NSE 20 share Index, which tracks blue chip companies, was down 15.38 points to stand at 2899.41.
All Share Index (NASI) shed 0.58 points to settle at 157.33. Equally, the NSE 25 Share index dropped 8.23 points to settle at 3957.02.
The banking sector had shares worth Ksh148 million transacted which accounted for 67.76 per cent of the day’s traded value.
Equity Group Holdings was the day’s main feature with 2.3 million shares valued at Ksh100 million changing hands at between Ksh42.75 and Ksh42.45.
KCB Group up five cents to Ksh44.85 moved 661,000 shares valued at Ksh29.6 million.
Diamond Trust Bank moved 57,000 shares worth Ksh7.2 million and closed at Ksh126.75.
Commercial & Services
The commercial and services sector had shares worth Ksh3.4 million traded and accounted for 1.58 per cent of the day’s turnover.
Nation Media Group exchanged 38,000 shares valued at Ksh2.3 million at between Ksh61.50 and Ksh62.00.
Nairobi Securities Exchange (the company) closed the day 1.46 per cent lower to Ksh13.50 moving 345,000 shares valued at Ksh4.6 million.
Manufacturing & Allied
The manufacturing and allied sector had shares worth Ksh23.9 million traded and accounted for 10.90 per cent of the day’s turnover.
BOC moved 150,000 shares valued at Ksh10.8 million at a fairly stable price of Ksh72.00. Carbacid moved 762,000 shares worth Ksh7 million and closed at Ksh9.20.
Safaricom had 1.2 million shares valued at Ksh34.7 million transacted at between Ksh27.05 and Ksh27.50, representing 15.86 per cent of the day’s traded value.
The bond market on the other hand registered improved activity with bonds worth Ksh6.3 billion (US$62.4 million) transacted compared to 972 million (US$9.6 million) registered the previous session.