Standard Group Ends Tuesday Neck High As Top Gainer At NSE

Standard Group Ends Tuesday Neck High As Top Gainer At NSE

The top gainer of the day on Tuesday at the Nairobi Securities Exchange (NSE) was Standard Group who jumped from the top losers’ table on Monday. The company gained 9.85 percent at the price of 22.30 shillings per share.

The second top gainer on Tuesday was Sasini who went home with 9.71 percent at the price of 18.65 shillings per share followed by Kenya Re-Insurance with a gain of 8.84 percent at the price of 2.34 shillings per share.

Umeme and Home Afrika gained 8.70 and 7.32 percent respectively at the price of 7.50 and 0.44 shillings per share respectively.

BK Group was the top loser of the day on Tuesday. The lender closed the day with a loss of 5.94 percent at the price of 15.05 shillings per share followed by Flame Tree Group with 4.32 percent at the price of 1.33 shillings per share.

WPP ScanGroup lost 4.10 percent at the price of 7.02 shillings per share followed by Centum Investments Limited with 3.91 percent at the price of 22.10 shillings per share.

Bamburi Cement closed the top 5 losers of the day table with 3.65 percent at the price of 25.05 shillings per share.

Safaricom PLC is back as the top mover of the day after being edged on Monday. The giant telecommunications company moved 5.92 million shares with a market capitalization of 1.12 trillion shillings.

READ : Standard Chartered Gives Ksh 200 Million To Gertrude’s Hospital

KCB Group was the second top mover with 2.98 million shares at a market capitalization of 100.58 billion shillings followed by Co-operative Bank with 2.81 million shares at a market capitalization of 61.61 billion shillings.

Kenya Power and Lighting Company and Kenya Electricity Generating Company sold 2.26 and 1.45 million shares respectively with a market capitalization of 3.69 and 35.61 billion shillings respectively.

Most listed companies at the NSE are releasing their first half of the year’s financial results. Those who have already released the results like KCB Group and Co-operative Bank have realized a dip in their profits as a result of the reigning Covid-19. More Articles From This Author

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