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Home Afrika Loses 3.85% in Share Price but Locks Spot in the Top Movers Category

On Monday, Home Afrika lost 3.85 percentage points in its share price after closing the day selling its stocks at 0.50 shillings from 0.52 shillings on Friday.

While the real estate development company shed points on its share price, it secured a spot in the top movers’ category behind large-cap stocks such as Safaricom, KCB Group and Equity Group.

Home Afrika sold a volume of 818,900 shares and recorded a turnover of 408,883 shillings.

Other stocks that appeared in the top losers’ category were Carbacid Investments, East African Cables, Kapchorua Tea Kenya and Uchumi Supermarket which lost 6.89, 5.20,4.91 and 3.57 percentage points respectively.

Safaricom maintained its position as the number one top mover stock at the NSE after it sold 3.96 million shares and recorded a turnover of 121.49 million shillings.

Safaricom lost 1.92 percentage points in its share price having closed the day at 30.70 shillings from 31.30 shillings on Friday.

KCB Group was the second top mover at the NSE on Monday, after selling 1.69 million shares and recorded a turnover of 88.09 million shillings.

The bank stock gained 0.48 percentage points in its share price after it closed Monday at 52 shillings, from Friday’s 51.75 shillings.

Bank of Kigali and Equity Group also made it on the top five movers’ category where they sold 1.13 million and 864,800 shares respectively.

Bank of Kigali recorded a turnover of 25.55 million shillings and closed the day trading at 22.70 shillings. The bank stock maintained its price from the previous day.

Equity Group closed the day on Monday trading at 51 shillings, which was a 0.97 percentage points loss from Friday’s price of 51.50 shillings. Equity recorded a turnover of 44.11 million shillings.The table below shows how different stocks performed at the NSE on Monday: Read Also: Equities Record Bleak Performances for Third Week Running in January More Articles From This Author

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