The Nairobi Securities Exchange(NSE) had Sasini Tea and Coffee as the top price gainer when trading ended at the bourse this Tuesday, 15th June 2021.
The listed agricultural firm had its share price appreciate by 6.82% on a volume of 600 shares sold at KSh 18.00 per share over its previous close of KSh 16.85, resulting in a turnover of KSh 10,800.00.
NSE top price gainers
Sasini was followed by Total Kenya, which was up 5.6% to KSh 25.45, Umeme shares whose price was up 3.68% to KSh 6.20, I&M Holdings shares, which gained 3.29% to KSh 21.95, Stanlib Fahari Income REIT shares which gained 2.99% to close at KSh 6.20 and East African Cables share price which was up 2.44% to close at KSh 1.26 per share.
The Sasini stock began the year with a share price of KSh 19.50 but has since lost 7.69% off that price valuation, ranking it 42nd on the NSE in terms of year-to-date performance.
Sasini Limited is a Kenya-based company engaged in the production, processing and marketing of tea and coffee, dairy operations, commercial milling and marketing of coffee, value additions of related products, renting of growing land, and plant and machinery leasing.
The firm’s locations are Bomet, Nyeri, Mombasa, Kiambu and Nairobi.
At the close of Tuesday’s trading at the NSE, a total of 12,153,000 shares in 935 deals, corresponding to a market value of KSh 351,292,984.00, were traded.
There was a 9% improvement in volume, 16% improvement in turnover, but a 9% decline in deals this Tuesday. The NSE has a current market capitalization of KSh 2.63 Trillion.
The worst performing counters were led by CIC Insurance Group, whose share price depreciated by 3.72% to close at KSh 2.07 per share.
The insurer was followed by KenGen, which declined by 3.58% to KSh 4.04, Nairobi Securities Exchange which fell 3.26% to KSh 8.32, Eaagads which shed off 3.18% of its share price to KSh 10.65, Flame Tree Group Holdings, which lost 2.11% to settle at KSh 1.39 and Kenya Re-Insurance Corporation whose share price fell 2.05% to close at KSh 2.39.
Safaricom was the top mover with a volume of 4,987,800 traded shares at a closing price of KSh 41.60 from the previous close of KSh 41.45, a gain of 0.36%. This counter had 196 deals resulting in a turnover of KSh 207.5 Million.
The Co-operative Bank of Kenya was the second most heavily traded counter with a volume of 2,393,100 shares in 90 deals, resulting in a KSh 29.4 million turnover.
Equity Group Holdings was third with a volume of 1.34Million, followed by KCB Group, which moved a volume of 510,100 shares and KPLC, which sold 480,500 shares.
The benchmark NSE All Share Index (NASI) climbed 0.44 (0.25%) points to close at 173.34, representing a 1-week gain of 1.05%, a 4-week gain of 5.41%, and an overall year-to-date gain of 13.96%.
The NSE 20 Share Index lost 10.38 points to settle at 1909.18 while the NSE 25 Share Index gained 9.35 points to close the day at 3757.55 points
The derivatives segment had seven single stock futures contracts valued at KSh 113,100 compared to 15 single futures contracts valued at KSh 615,800 concluded at the previous session’s close.
The secondary bonds market had bonds worth KSh 2.83 Billion in 57 deals compared to KSh 2.18 Billion worth of bonds in 57 deals transacted at the prior session.