Daily Market Brief
Equity prices edged down by 0.2% as measured by NASI. NSE 10 gained 0.1%, while NSE 20, NSE 25, and the Banking Index fell by 0.6%, 0.1%, and 0.4%, respectively.
Value traded rose by 18.0% to KES 535.49Mn from KES 453.75Mn largely driven by a 73.5% surge in volumes traded to 23.29Mn shares from 13.42Mn shares.
Safaricom was the day’s top mover, recording a turnover of KES 242.74Mn, Kenya pipeline and Equity Group followed with KES 110.42Mn and KES 59.47Mn in turnover.
Foreign activity expanded to 41.0% from 28.4% with a net foreign inflow of KES 109.99Mn. Safaricom was the main driver with average participation of 62.7% and net foreign inflow of KES 94.22Mn.
Secondary bond turnover fell by 14.5% to KES 5.50Bn from KES 6.43Bn as the deals traded declined by 11.0% to 137 deals. IFB1/2019/16Yr was the most traded paper with KES 1.52Bn in turnover.
