Kenya Airways Top Gainer as It Gets KSH 65 Billion in Three Trading Days

By Juma Fred / December 4, 2017

KQ Shares Record 135.85pc Historical Gain after Re-listing on NSE

Top Gainers

Kenya Airways was the top gainer of the day at the NSE on Monday with 9.64 percent at the price of 13.65 shillings per share.

The gaining comes barely hours after Kenya Airways announced that it had managed to receive a total of 64.5 billion shillings in just three trading days of being relisted at the Nairobi Securities Exchange.

Mumias Sugar Company was the second top gainer with 9.09 percent at the price of 1.20 shillings per share. Home Afrika and Sameer Africa gained 6.90 and 5.45 percent respectively at the price of 1.55 and 2.90 shillings per share respectively.

Olympia Capital closed the top gainers’ table of the day with 3.13 percent at the price of 3.30 shillings per share.

Top Losers

Standard Group led the top losers’ pack. The company lost 9.52 percent at the price of 33.25 shillings per share followed by Sanlam Kenya with a loss of 6.67 percent at the price of 28.00 shillings per share.

WPP ScanGroup and CIC Insurance Group lost 2.63 and 2.52 percent respectively at the price of 18.50 and 5.80 shillings per share respectively. Bamburi Cement, which has already announced a profit warning for this financial year, closed the top losers’ table of the day with a loss of 2.17 percent at the price of 180.00 shillings per share.

Top Movers

Safaricom Limited was the top mover of the day. The telecommunication company posted a volume of 15.77 million shares at a market capitalization of 1.10 trillion.

Equity Group was the second top mover with a volume of 4.63 million while WPP ScanGroup posted a volume of 1.13 million shares.

Kenya Commercial Bank and Mumias Sugar Company posted volumes of 814,300 and 708,500 respectively.

The markets seem to have rebounded after months of unending politics where the markets seemed sluggish.

About Juma Fred

Juma Fredrick is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it. You can reach him on: (020) 528 0222 or Email: [email protected]

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