All Share and NSE 20 Close in the Red on Monday

The All Share and the NSE 20 closed in the red while the NSE 25 closed higher in the session on Monday.

Turnover burgeoned by 70.31 percent to 1.38 billion shillings in Monday’s session compared to the previous session.

Activity was mainly in the Banking sector counters, Safaricom Plc (NSE: SCOM) alongside KenolKobil Ltd (NSE: KENO) and KenGen (NSE: KEGN).

Notably, KenGen gained 4.07 percent in the session on the back of local investor interest while a book-over by a local fund moved volumes in KENO.

Of the top five movers of the day, only Equity Group Holdings Plc (NSE: EQTY) and Safaricom Plc (NSE: SCOM) exuded foreign activity.

Foreign investor activity waned to 33.4 percent of total market activity from 54.4 percent recorded previously.

Activity was mostly in SCOM, Equity Group Holdings Plc (NSE: EQTY) and Unga Ltd (NSE: UNGA) which accounted for 93.40 percent of total foreign trades.

QTY recorded the day’s highest foreign inflows while Safaricom logged the day’s highest net foreign outflows. The desk was selling out of UNGA, accounting for 99.37 percent of total trades in the counter.

On the overall, the desk recorded net foreign outflows in the session, similar to Friday’s trading.

Bonds turnover retreated further from Friday’s trading to 1.25 billion shillings on 45 deals in today’s session from 2.82 billion shillings recorded in the previous session on 49 deals.