- Candriam 2025 Outlook: Is China Really Better Prepared for Trump 2.0?
- Bank of England pauses rates – and the market expects it to last
- Emerging Market Debt outlook 2025: Alaa Bushehri, BNP Paribas Asset Management
- BOUTIQUE MANAGERS WORLDWIDE SEE PROLIFERATION OF RISKS, OPPORTUNITIES IN 2025
- Market report: Storm of disappointing developments keep investors cautious
Kenya Equity Markets | 18 Sep 2015: NSE ends in red, All Share 0.74% down, NSE20 0.30% lower, FTSE NSE 15 0.90% lower
Nairobi, Kenya Capital Markets in Africa — On Friday, the equity market capitalization closed at KES 2,066 billion after sagging by KES 17.1 billion (c.US$162 million) or 0.82 percent from the market capitalization of KES 2,083 billion recorded at previous trading session.
The Nairobi All Share Index plunged by 0.74 percent or 1.09 points to end at 147.19 points and the Nairobi Securities Exchange (NSE20) index slumped by 12.69 points or 0.30 percent to close at 4,236.26 points. The FTSE NSE 15 index and FTSE NSE 25 plummeted by 0.90 percent to end at 195.48 and tumbled by 0.80 percent or 1.57 points at 195.29 points respectively.
Look at today’s market activities, the volume of shares traded went down 10.54 percent to close at 15.15 million and total turnover shed off 27.41 percent to close at KES 373.97 million.
From the market movers and shakers, today’s price mover was Express Limited emerged as the top gainer after soaring by 9.30 percent to end the day at KES 4.70 after investors bought and sold 4,300 shares. Atlas Development & Support Services climbed by 5.63 percent to close the day at KES 3.75 with 7,100 traded volumes. Longhorn Kenya Limited surged by 4.26 percent to settle at KES 7.35. Also, Sameer Africa Limited climbed by 3.66 percent to end at KES 4.25 and Olympia Capital Holdings Limited closed at KES 4.55 after gaining 3.41 percent with investors exchanging 2,500.
On the contrary, Nairobi Securities Exchange ended as the top loser after falling by 5.75 percent to end the day at KES 20.50. Trans-Century Limited settled at KES 14.00 after crashing by 3.45 percent and Kenya Airways slumped by 2.63 percent to trade at KES 5.55. Mumias Sugar Company Limited tumbled by 2.56 percent to close at KES 1.90 and Standard Chartered Bank Limited sagged by 2.51 percent with a closing price of KES 233.00.