The Star (Nairobi)

Kenya: NSE Opens the Week On a High Note

The Bourse opened the week on a high note with a total of 25 million shares valued at Sh1billion transacted, up from Sh238 million on 16million shares posted last Friday.

The NSE 20 Share Index was up 11.02 points to settle at 4067.21. All Share Index (NASI) was up 0.16 points to stand at 93.19. Agricultural sector accounted for 0.07% of the day's traded volume. Sasini down forty cents to Sh11.30 moved 16,000 shares.

The Banking Sector had 4.9million shares traded and represented 19.58% of the day's traded volume. Barclays Bank moved 1.4 million shares and closed at Sh14.65. NIC Bank unchanged at Sh38.25 moved 326,000 shares.

Construction & Allied Sector accounted for 10.39% of the day's traded volume. Bamburi Cement actively moved 2.5M shares at between Sh187.00 and Sh190.00.

Energy & Petroleum Sector moved 4.7million shares, which accounted for 19.06% of the day's traded volume. KenolKobil was the most heavily traded counter in this sector, with 3.3million shares changing hands at between Sh13.60 and Sh14.00.

The Insurance sector represented 5.87% of the day's traded volume. CIC Insurance Group closed ten cents higher to Sh3.30 on a volume of 1.2 million shares.

Manufacturing & Allied Sector moved 2.8million shares, which represented 11.45% of the day's traded volume. EA Breweries actively moved 1.1 million shares at between Sh260.00 and Sh262.00. Mumias Sugar moved 1.6million shares and closed at an improved price of Sh4.90.

Telecommunication & Technology Sector moved 6.4M shares, which represented 25.46% of the day's traded volume. Safaricom moved 6.4million shares and closed at Sh5.05. The Bond market had bonds worth Sh.1.85billion transacted.

Ads by Google

Copyright © 2012 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.