Equities’ started the week on a low note as all market indicators closed in the red, a diversion from how they performed last week.
Turnover was down 71.62 percent lower than the previous session while shareholders’ funds declined by 23.04 billion shillings in the session.
Safaricom Limited held the top mover, accounting for 62.2 percent of total market activity compared to 28 percent recorded previously.
Of the top five movers, Nation Media Group Plc (NSE: NMG), KCB Group Ltd (NSE: KCB) and Bamburi Cement Ltd (NSE: BAMB) were mainly traded by the local desk.
Foreign investor activity ticked up to account for 50.5 percent of total NSE activity from 38.9 percent logged in the previous session.
Safaricom Plc (NSE: SCOM) still dominated the foreign desk for the 17th consecutive session exuding net buying interest in Monday’s session after two consecutive net selling sessions. The counter closed at 26.25 shillings, the lowest price in thirteen sessions and recorded the highest net foreign inflows.
Uchumi Supermarket Ltd (NSE: UCHM) recorded the day’s highest net foreign outflows amounting to 1.13 million shillings. The foreign desk logged net buying activity in today’s trading, reversing its net selling position posted during Friday’s trading.
The bond turnover levels retreated to 1.59 billion shillings on trading 46 deals compared to 2.39 billion shillings traded on 62 deals in the previous session.