Login

Lost your password?

Sign Up

Register

Login

Login

Lost your password?

Register

Monday, August 8, 2022
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion

Africa's
Investment
Gateway

The Exchange
  • Login
  • Register
Subscribe
This Month's Edition
Previous Editions
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
LOGIN
The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

Live trading at the Nairobi Securities Exchange

NSE turnover drops as market breaks for weekend

by Chacha Mwita
May 26, 2020
in Kenya, NSE
0
Share on FacebookShare on LinkedIn

The bond market however improved with bonds worth Ksh17 billion transacted

Week on week turnover at the Nairobi Securities Exchange (NSE) declined marginally to Ksh3 billion (US$29.8 million) on 103 million shares traded during the week, the bourse’s market report reveals.

This is against 121 million shares valued at Ksh3.4 billion (US$33.7 million) transacted the previous week.

At close of business on Friday, the NSE 20 share index was down 40.82 points to stand at 2846.35 on the week’s trading.

The index tracks the top 20 blue chip companies listed on the bourse, which is East Africa’s most vibrant market.

All Share Index (NASI) lost 2.34 points or 1.46 per cent to stand at 157.66 while the NSE 25 Share index shaved-off 43.25 points to settle at 3935.99.

Telecommunication Sector

Safaricom was the week’s biggest mover with 56 million shares valued at Ksh1.5 billion changing hands at between Ksh26.95 and Ksh28.20, accounting for 50.20 per cent of the week’s traded value.

Banking Sector

The banking sector was busy with shares worth Ksh1.2 billion transacted which accounted for 41.33 per cent of the week’s traded value.

Equity Group Holdings was the most actively traded counter in this sector during the week with 18.4 million shares valued at Ksh756 million, changing hands at between Ksh40.00 and Ksh43.50.

KCB Group was down 1.45 per cent to close the week at Ksh44.05, moving 7.2 million shares valued at Ksh318 million. Co-operative Bank slipped 3.86 per cent to Ksh14.95 with shares worth Ksh54 million transacted.

Manufacturing & Allied Sector

The manufacturing and allied sector had shares worth Ksh137 million transacted which represented 4.43 per cent of the week’s traded value.

East Africa Breweries Limited (EABL) saw 445,000 shares valued at Ksh92 million changing hands at between Ksh205.00 and Ksh210.00.  B.A.T down 1.09 per cent to Ksh544.00 moved 80,000 shares valued at Ksh43.8 million.

Commercial & Services Sector

The commercial and services sector had shares worth Ksh47.6 million transacted which accounted for 1.54 per cent of the week’s traded value. TPS Serena closed the week 6.82 per cent lower to Ksh20.50 moving 1.7 million shares valued at Ksh37.5 million.

Insurance Sector

The insurance sector had shares worth Ksh38.7 million transacted which accounted for 1.25 per cent of the week’s traded value. Kenya-Re actively moved 2.7 million shares valued at Ksh30.8 million at between Ksh11.00 and Ksh12.90.

Investment Sector

The investment sector had shares worth Ksh20.8 million transacted which accounted for 0.67 per cent of the week’s traded value. Centum moved 613,000 shares valued at Ksh19.6 million at between Ksh31.90 and Ksh32.70.

Bonds

The bond market witnessed improved activity with bonds worth Ksh17 billion (US168.6 million) transacted compared to Ksh14 billion (US$138.9 million) registered the previous week.

 

Tags: CentumEast Africa Breweries Limited (EABL)Equity Group HoldingsKenya-ReNairobi Securities Exchange (NSE)SafaricomTPS Serena

STATE OF ECONOMY - GET THE REPORT

ASSESSING EAST AFRICA

Loading...

Chacha Mwita

Chacha Mwita is a business reporter based in Kenya. He covers equities, capital markets, trade and the East Africa economic developments.

Related Posts

Africa

Powering Africa: Renewables safest bet for sustainable future

July 4, 2022
Growth in employment earmarks Kenya's post-pandemic economic recovery. www.theexchange.africa
Countries

Growth in employment earmarks Kenya’s post-pandemic economic recovery

May 11, 2022
www.theexchange.africa
Banking

Kenya: Business conditions worsen as customer demand declines

May 9, 2022
Next Post
Haki Taxi launches to provide better fares for commuters as well as increased earning for drivers.

Haki Taxi, joins the growing e-taxi industry in Kenya

STANLIB Fahari I-REIT, Kenya's first Real Estate Investment Trust (REIT) has posted a Ksh193 million (US$1.9 million) net profit for the year 2018, buoyed by a net revaluation gain on its investment property. The portfolio’s market valuation was bolstered by the addition of a modern 300 seat capacity, 3- screen cinema at Greenspan Mall which will be commissioned in the second quarter of 2019.

STANLIB Fahari I-REIT reaps Ksh193Mn from Kenya’s real estate

AfDB Governors from West Africa. AfDB has approved a USD 20 million Uhuru Growth Fund 1 as equity investment in focused on high growth middle-market businesses across West Africa. www.exchange.co.tz

AfDB’s Uhuru Fund targets West Africa champions




This months edition

Features

The leaders of the BRICS nations meet at the group’s summit in Osaka in June 2019. Concerns are India might pull out of the group over tensions with China. (Photo/ Reuters)
Countries

What does Russia’s invasion of Ukraine mean for Southern Africa?

by Albert Nangara
August 3, 2022
0

When the United Nations General Assembly voted overwhelmingly on March 2 to condemn Russia’s invasion of Ukraine, African countries accounted...

Read more
Logistics and transport startups will play a major role in enabling Africa’s largest free-trade area (Photo/ Quartz Africa)
Industry and Trade

Trends shaping the future of logistics in African markets

by Albert Nangara
August 3, 2022
0

Digitization of logistics and compliance with sustainability policies will shape the future of logistics in African markets. Digitalization involves the...

Read more
Biometric systems are expected to lead the market for airport security systems in growth over the next five years, as the market increases at an 8 per cent CAGR through 2024 (Photo/ Biometric Updates).
Tech & Business

Machine learning, Artificial Intelligence changing Africa’s Airports

by Albert Nangara
August 2, 2022
0

According to Frontiers, AI has been recognized to have a wide potential to reduce human workload or increase human capabilities...

Read more
www.theexchange.africa/
Investing

ESG global mining and the social license

by Laurence Sithole
August 2, 2022
0

In terms of achieving net zero carbon emissions, the largest mining companies in the world have several options – each...

Read more
Some of the group members learning the components of the new briquette making machine. The machine can produce 500 briquettes per day. www.theexchange.africa
Investing

Reusable, organic charcoal: Answer to Africa’s cooking fuel challenges

by Njenga Hakeenah
August 2, 2022
0

United for Green is working to ensure that Africans do not get to these extremes. By empowering women, the plan...

Read more

News

Banking
Industry & Trade
Investing
Money Deals
Regional Markets
Tech & Biz
Opinion

Countries

Kenya
Tanzania
Uganda
Burundi
Rwanda
Southern Africa
Ethiopia

More

My Account
Contact us
Advertise
About us
Help Center

Subscribers Center

E-paper
Premium Stories
Education Rates
Corporate Subscriptions
Weekely Newsletter

  • My account
  • About us
  • Advertise
  • Contact
  • Privacy Policy
  • Refund Policy – The Exchange
  • Sitemap

No Result
View All Result
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
  • Login
  • Sign Up
  • Cart

© 2021 The Exchange - Powered by MediapixManaged by Supported by Digihandler,

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In