NSE Turnover Falls to Ksh 474.9 Million
Kevin Namunwa  |  Aug 26, 2020
       

Equity turnover at the Nairobi Securities Exchange(NSE) fell significantly when trading ended today, to Ksh 474.9 Million on a volume of 22.03 Million shares traded in 1,009 deals.

This is compared to a turnover of Ksh 854.5 Million when the bourse closed yesterday, 25th August 2020.

The NSE All-Share Index rose 1.03% to 133.89 today from the previous 132.52, an increase of 1.37 points.

The NSE 20 Share Index declined by 0.30% or 5.32 points to 1,743.08 from the previous 1,748.40.


The NSE 25 Share Index increased to 3,071.26 or 0.89% from the previous 3,044.29 points.

Mobile firm Safaricom was the biggest mover at the NSE with 7.52 Million shares traded, followed by Kenya Re (7.25 Million), Stanbic Holdings (1.57 Million), KPLC (1.48 Million) and Equity Bank (776,600).

Safaricom share price closed at 29.00 from the previous 28.65, an increase of 1.22% with a turnover of Ksh 218.16 Million with 57.7% participation in the counter by foreign investors.

Kenya Re attracted the highest participation by foreign investors at 65.1%, followed by Equity at 59%.

The top gainer was Nairobi Business Ventures whose share price rose 10% to Ksh 0.66, Frame Tree Group Holdings at Ksh 1.37, a rise of 5.38% while Nation Media Group’s share price rose to Ksh 12.55, an increase of 4.58%.

Other gainers included NCBA whose share prices rose 4.55% to Ksh 23.00 while East African Cables had its share price rise by 4.32% to Ksh 1.93.

The biggest loser was Bank of Kigali whose share price fell by 9.09% to Ksh 15.00, I&M Holdings share price fell 4.34% to Ksh 43.00, Olympia Capital Holdings share price declining 3.16% to Ksh 2.45 while share prices of Crown Paints declined by 3.12% to stand at Ksh 45.00.

On August, 27th 2020, shareholders of WPP ScanGroup Plc will receive a special dividend of Ksh 8.00.