NSE Investors Worried as Stocks Record Lowest Share Prices

A look at the Kenyan stock market (NSE) on Wednesday has revealed that some key stocks recorded some of their lowest share prices in a long time.

Analyses indicate that Bamburi Cement, CIC, Centum, KPLC and NMG recorded some of the lowest share prices in their trading histories.

Bamburi Cement recorded its lowest share price on Wednesday in 17 years trading at the NSE at 50 shillings. The stock closed the day trading at 51.50 shillings which was 6.36 percentage drop from the previous day on Tuesday.

CIC Insurance Group Ltd also recorded its all-time lowest share price at the bourse at 2.30 shillings and closed the day trading at a share price of 2.40 shillings. Its share price fell by 1.23 percentage points from the previous day.

Centum Investment closed the day trading at 24.40 shillings which was a 0.21 percentage points increment from the previous day but recorded its lowest trading price of 23.20 shillings in 7 years.

Kenya Power & Lighting Co Ltd (KPLC) fell to an 18 year low of 2.10 shillings but closed the day trading at 2.13 shillings which was a 3.18 percent drop from the previous day.

Nation Media Group (NMG) also recorded its all-time lowest share price of 27 shillings on Wednesday but closed the day with a 0.53 percent increase on its price at 28.20 shillings. More Articles From This Author

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