KCB Group kicked off the week as the top mover of the day after selling 4.41 million shares with a market capitalization of 118.25 billion shillings followed by Safaricom with 2.24 million shares with a market capitalization of 1.28 trillion shillings.
East African Breweries and Equity Group sold 827,100 and 669,500 with a market capitalization of 112.57 and 134.15 billion shillings respectively. British American Tobacco sold 227,800 shares with a market capitalization of 37.00 billion shillings.
The East African Portland Cement was the top loser of the day. The cement maker lost 7.69 percent at the price of 12.00 shillings per share followed by Flame Tree Group with 7.09 percent at the price of 1.31 shillings per share.
Olympia Capital and Sanlam Kenya lost 5.58 and 5.17 percent at the price of 2.20 and 11.00 shillings per share respectively while WPP ScanGroup lost 3.54 percent at the price of 6.00 shillings per share. WPP ScanGroup closed the top losers’ table.
The top mover of the day was Carbacid Investments with 5.15 percent at the price of 8.98 shillings per share followed by Centum Investments Company with a gain of 5.00 percent at the price of 16.80 shillings per share.
Nation Media Group and Sameer Africa gained 3.23 and 2.91 percent at the price of 16.00 and 3.18 shillings per share respectively while Diamond Trust Bank gained 2.77 percent at the price of 65.00 shillings per share.
READ : KCB Group 9-Month Profits Drop To 10.9 Billion Shillings
Listed companies at the Nairobi Securities Exchange (NSE) have been struggling to sail through the biting Covid-19 pandemic that is still sweeping across the country. The majority of the companies have registered losses as uncertainties continue to rule.
The banking sector seems to be among the worst hit. Most of them have registered shrinking profits, with some having their profits drop as much as by 60percent due to loan defaults and uptake of the same. Is there hope on the horizon? More Articles From This Author
