Wednesday, the NSE market was vibrant with the total shares traded growing by 114.38% to KES 746.43Mn compared to yesterday’s trading influenced by the high foreign activity in KCB, Equity and Safaricom.
Advisory and Tools for NSE Stocks Trading
As the week progressed, the stock market grew marginally in traded shares. There were 14.67m shares traded at a total value of Ksh 348.18m up by 35% from Monday’s trading. Safaricom was the highest traded share.
Characteristics of Mondays, the activity was low. Total shares traded (turnover) going down by about 50% from KES 514.87m to KES 257.92m.
Top Gainers
Top Gainers/Losers.
Top Gainers; Uchumi +8%( 2.70); Liberty +5.31 (11.90); NIC +4.46 (29.25)
Top Loser; Unga -10% (27.00); E.A.Cables -8.80% (5.70); TCL -6.15% (6.10)
Top Movers
The market slopped downwards influenced by low foreign participation of 57% and foreigners being mainly net sellers. NSE 20 Share Index shed 0.19% to 3,122.51 points from 3,128.44 points with most companies trading at losing prices.
Overall Stock Market Report
Market saw a slowdown in activity with volumes dipping 73.36% to 13.07Mn shares. Day’s value stood at KES 315.93Mn from KES 794.94Mn driven by a low foreign participation which was at 64.63%.