Kenya Airways Beats Giants to Emerge as Top Gainer At NSE

By Juma / Published November 29, 2017 | 12:33 pm



Kenya Airways

Kenya Airways literally scaled the skies to beat giants at the Nairobi Security Exchange and emerged as top gainer of the day on Wednesday.

The airline recorded a historical gain of 135.85 percent at the price of 12.50 shillings per share signaling hope among shareholders that the airline is on a positive trajectory mode.

Kenya Airways was followed by Uchumi Supermarket which gained 6.76 percent at the price of 3.95 shillings per share.

Crown Berger and Mumias Sugar Company gained 4.61 and 4.35 percent respectively at the price of 79.50 and 1.20 shillings per share respectively.

Sanlam Kenya closed the top five gainers’ of the day category with 3.70 percent at the price of 28.00 shillings per share.

Sameer Africa was the top loser of the day. The company lost 8.47 percent at the price of 2.70 shillings per share. Jubilee Holdings was the second top loser of the day with 7.49 percent at the price of 457.00 shillings per share.

Stanlib Fahari Income-REIT and Olympia Capital lost 5.75 and 4.35 percent respectively at the price of 10.65 and 3.30 shillings per share respectively.

Deacons (East Africa) closed the top five losers’ category of the day with 4.11 percent at the price of 3.50 shillings per share.

The top movers’ table was dominated by Safaricom Limited. The telecommunication company that has seen its share price reach its all-time high of 28.5 shillings per share posted a volume of 11.30 million shares with a market capitalization of 1.10 trillion.

Kenya Commercial Bank was the second top mover of the day with 3.34 million shares and a market capitalization of 127.24 billion.

Kenya Power and Lighting and Equity Group posted 2.80 and 2.23 million shares respectively with a market capitalization of 20.98 and 163.21 billion respectively. Kenya Airways, on top of being the top gainer, also features among the top movers of the day 2.16 million shares with a market capitalization of 71.02 billion.





About Juma

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

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