NSE Analysis: Market Indices at the NSE on Thursday
Mixed performance was observed in Thursday’s trading session as the bourse registered a higher number of decliners as compared to the trading on Wednesday.
The NSE-20 share lost a marginal 0.15 percent to settle at 3242.32 points while the NASI garnered 0.09 percent to close at 137.15 points at the end of today’s session. The NSE 25 Share Index followed suit, advancing by 0.08 percent to perch at 3630.42 points.
Shareholders’ wealth followed suit, expanding by a marginal 0.09 percent to close at 1.986 trillion shillings. Equity turnover on the other hand, trended south, declining by 46.00 percent to close at 0.297 billion shillings. The A/D ratio closed at 0.89x from 1.36x, indicating a slight decline.
Longhorn Publishers Ltd (NSE:LKL), one of the country’s leading publishing houses, has unveiled a new e-learning platform and a digital bookstore which will see the publisher shift its content to digital platforms.
This move is meant to position the company strategically after the Jubilee government commenced the digital literacy program in March 2016. The program’s main aim is to equip 1.2 million primary school learners with digital devices.
The publisher spent 100 million shillings on the digitization program with an aim of reversing the shrinking revenues posted in the FY15 results. The share price was up 3.85 percent to close the day at 5.40 shillings.
The table below shows the Equity Market Highlights
| PREVIOUS | THURSDAY | % CHANGE | |
| Market Cap (Kes.Bn) | 1,985.13 | 1,985.91 | 0.09 |
| Equity T/O (Kes.Mn) | 550.34 | 297.17 | -46.00 |
| Local/Foreign Equity T/O | 34;66 | 59;41 | |
| Advance; Decline Ratio | 19;18 | 16;18 |
The table below shows how NASI, NSE 20 and 25 performed on Thursday
| INDEX | PREVIOUS | TODAY | % CHANGE |
| NASI | 137.03 | 137.15 | 0.09 |
| NSE 20 SHARE | 3424.11 | 3242.32 | -0.15 |
| NSE 25 SHARE | 3627.43 | 3630.42 | 0.08 |
Safaricom Ltd (NSE: SCOM) was the most actively traded stock today accounting for 42.99 percent of the total market value traded activity. ARM Cement Ltd (NSE: ARM) was the second most actively traded counter, accounting for 19.11 percent of the total market turnover.
The table below shows the most actively traded in shares:
| EQUITY | VALUE TRADED |
| Safaricom Ltd Ord 0.05 | 127,759,800.00 |
| ARM Cement Ltd Ord 1.00 | 56,777,500.00 |
| NIC Bank Ltd Ord 5.00 | 26,977,375.00 |
| East African Breweries Ltd Ord 2.00 | 15,763,500.00 |
| I&M Holdings Ltd Ord 1.00 | 9,379,600.00 |
E.A. Portland Cement Ltd (NSE: PORT) took the summit of the gainers chart with a 9.80 percent gain to close the day at 28.00 shillings. Atlas African Industries Ltd followed remotely posting a 5.00 percent improvement to close at 1.05 shillings.
The table below shows the gaining stocks on Thursday
| EQUITY | PRICE (KES) | % CHANGE |
| E.A Portland Cement Co. Ltd Ord 5.00 |