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Kenya: Turnover Declines As Bourse Opens Week
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The East African Standard (Nairobi)
29 April 2008
Posted to the web 28 April 2008
Wangari Kihara
Nairobi
THE bourse opened the week with 7.3 million shares valued at Sh294 million, down from Sh343 million on a volume of 8.9 million shares posted the previous session.
The NSE 20-share Index was up 0.64 per cent to stand at 5,240.39 points. Nasi was also up 0.89 per cent to stand at 105.26 points.
Financials dominated trading with 4.2 million shares representing 58 per cent of the day's volume. KCB was the day's biggest mover, with 2.5 million changing hands at between Sh32.25 and Sh34, while Equity Bank closed Sh9 higher to Sh227 on a volume of 109,000 shares.
In the agricultural sector, Sasini Ltd moved 31,000 shares at between shs.15.90 and Sh16.85, while Rea-vipingo up 4.3 per cent to Sh20.50 moved 17,000 shares.
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In commercials, 1.1 million shares were traded. AccessKenya moved 638,000 shares at between Sh29.25 and Sh32, while CMC Holdings up twenty cents to Sh15.30 moved 304,000 shares.
In the industrial and allied sector, Mumias Sugar moved one million shares at between Sh12.90 and Sh13.25, while KenGen moved 292,000 shares at between Sh25 and Sh26.75.
The Bond market had bonds worth Sh207 million transacted.
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