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.
Latest NSE Prices
Week Ending 31st Aug 2022
Top Gainers
LIMT - Price 352 Gain 10%
FTGH - Price 120 Gain 9.09%
UNGA - Price 30 Gain 5.26%
Top Losers
SCAN - Price 3.13 Lose - 8.48%
NBV- Price 2.97 Lose - 8.33%
HAFR- Price 0.31 Lose - 6.06%
Source NSE Website
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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%.