NSE Turnover Shoots Up To Ksh 607 Million

Kevin Namunwa | Sep 22, 2020

p style="background: white; vertical-align: baseline; margin: 0in 0in 15.0pt 0in;">Turnover at the Nairobi Securities Exchange (NSE) today shot up to Ksh 607 Million as 23.81 million shares were traded in 1,053 deals.

This is a higher turnover compared to a turnover of Ksh 204.4 Million on a volume of 8.40 Million shares that were transacted on Monday, 21st September 2020.

Safaricom was the top mover at the bourse with a volume of 9.99 Million shares traded followed by KenGen 4.66 Million, Equity 2.42 Million, Kenya Reinsurance 1.82 Million and Equity Group 1.45 Million.

The biggest loser was Kenya Orchards whose price dipped by 9.80% to Ksh 11.05, followed by Stanlib Fahari REIT which was down 7.01% to Ksh 5.04, Home Afrika, Uchumi and KenGen whose prices fell down by 6.82%, 6.45% and 6.34% to Ksh 0.41, Ksh 0.29 and Ksh 5.02 respectively.

Top gainers were led by TPS East Africa(Serena) whose share price rose 6.75% to KSh 16.65, Umeme Limited up 5.81% to Ksh 7.28, Nation Media, Total and BAT.

The secondary bond market had a turnover of Ksh 3.01 billion transacted in 73 deals compared to Ksh 2.11 billion traded yesterday.

Covid-19 Loan Defaulters Can Now Be Blacklisted, CBK

The Central Bank of Kenya (CBK) has now allowed banks to blacklist loan defaulters who had been pardoned due to the current coronavirus situation. The defaulters’ names can now be for...