This is up from Ksh2.47 billion recorded the previous week.
Week on week turnover at the Nairobi Securities Exchange (NSE) rose to Ksh5.58 billion (US$56.04 million) on 92.7 million shares, as trading took a break for the weekend after five days of mixed performances.
This is up from 79 million shares valued at Ksh2.47 billion (US$24.8 million) transacted the previous week.
The Nairobi Securities Exchange (The Company) has pegged the rise in turnover to the sale of B.A.T shares, where the company was the week’s main feature with 5.8 million shares valued at Ksh3.5 billion changing hands at between Ksh560.00 and Ksh604.00.
The NSE 20 share index, which racks blue chip companies, was however down 0.65 points to stand at 2915.54. All Share Index (NASI) on the other hand was up 3.20 points to stand at 156.11. The NSE 25 Share index also added 83.55 points or 2.19 per cent to settle at 3905.05.
Manufacturing & Allied Sector
The manufacturing and allied sector where BAT falls under had shares worth Ksh3.8 billion transacted which represented 68.70 per cent of the week’s traded value. East Africa Breweries Limited (EABL) moved 1.4 million shares valued at Ksh292 million and closed the week at Ksh209.75.
Safaricom saw 31.9 million shares valued at Ksh857 million changing hands at between Ksh26.05 and Ksh27.45, representing 15.36 per cent of the week’s traded value.
The banking sector had shares worth Ksh628 million transacted which accounted for 11.26 per cent of the week’s traded value. Equity Group Holdings actively moved 6.7 million shares valued at Ksh278 million at between Ksh39.95 and Ksh43.00. KCB Group recorded a 5.52 per cent gain to close the week at Ksh43.95 with shares worth Ksh170 million transacted. Barclays bank moved 7 million shares worth Ksh82.5 million and closed the week at Ksh11.60.
Energy & Petroleum Sector
The energy and petroleum sector had shares worth Ksh136 million transacted which accounted for 2.44 per cent of the week’s traded value. Umeme was the most traded counter in this sector with 22 million shares valued at Ksh121 million changing hands at between Ksh129 and Ksh135.00.
Construction & Allied Sector
The construction and allied sector had shares worth Ksh38.8 million transacted which accounted for 0.70 per cent of the week’s traded value. Bamburi cement moved 294,000 shares valued at Ksh38 million and closed the week at Ksh130.00.
The bond market registered reduced activity with bonds worth Ksh6.7 billion transacted compared to Ksh10 billion registered the previous week.