NSE Turnover at Ksh 204.4 Million

Turnover at the Nairobi Securities Exchange(NSE) dropped significantly to Ksh 204.4 Million on a volume of 8.40 Million shares that were transacted in 760 deals on Monday, 21st September, 2020.

This is compared to a turnover of Ksh 453 Million when trading closed at the NSE on Friday 18th September 2020. Activity at the market has picked up compared to Monday 14th September when the equity turnover was Ksh 81 Million-the lowest level so far this year.

Co-operative Bank was the most actively traded counter, with a volume of 1.99 Million shares changing hands at the price of Ksh 11.90 per share, a drop of 0.83% from the previous Ksh 12.00 on Friday last week.

Co-op bank shares had a turnover of Ksh 23.71 Million in 89 deals mostly dominated by local investors.

Other actively traded counters were KCB with 1.57Million shares, Equity (1.51 Million), Safaricom (1.43 Million) and Centum (529,200).

The top gainer at the bourse was Nation Media Group whose share price rose 9.84% to Ksh 17.30, Stanlib Fahari Income REIT which was up 9.16% to Ksh 5.48, Crown Paints up 9.13% to Ksh 49.00, Nairobi Business Ventures which appreciated 8.83% to Ksh 0.65 and Home Afrika whose share price edged 7.14% to Ksh 0.45.

The biggest loser was EABL whose share price plunged 4.46% to Ksh 160.50, followed by Eveready which was down 4.04% to Ksh 0.95, Bamburi Cement, Standard Chartered Bank and Sanlam Kenya.

The NSE All-Share Index rose to 140.24 from the previous 139.80.