Nairobi Stock Exchange Weekly Turnover Rises 56% to KSh 2.8B

​The Nairobi Stock Exchange (NSE) recorded an increase in weekly equity turnover to KSh 2.5 billion on 77.8 Million Shares compared to turnover of KSh 1.4 billion on 40.7 million shares posted the prior week, an increase of 56.1%.

When trading ended at the bourse on May 13, the weekly NSE 20 Share Index was down 8.35 points to stand at 1747.22 while the NSE All Share Index fell 5.08 points to end the week at 139.65. The NSE 25 Share Index lost 80.70 points during the week to close on Friday at 3199.15.

The NSE Derivatives Market closed the week with a total of 40 contracts valued at KSh1.6 million.

In the trading session, market turnover rose to KSh 314 million from KSh 235 million while the number of shares traded stood at 9.9 million against 10 million posted the previous session.

The banking sector had shares worth KSh 698 million transacted which accounted for 28.17% of the week's traded value.

The energy & petroleum sector had shares worth KSh11.9 million transacted which represented 0.48% of the week's traded value.

The fixed income securities market segment had improved activity this week with bonds worth KSh16.7 billion transacted compared to KSh7.88 billion registered the previous week.