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Equities Turnover Dip 42% To Hit Ksh 401 Million

BY Soko Directory Team · March 31, 2023 12:03 pm

KEY POINTS

Safaricom was the most traded counter on the day – accounting for 68.17 percent of the total market activity. The stock’s turnover came in at 273.35 million shillings – with net foreign outflows amounting to 119.26 million shillings.

Equities   

Turnover declined by 42.33 percent to 401.0 million shillings down from 695.33 million shillings the previous trading day.

Foreign investors were the dominant players on the day. They accounted for 58.24 percent of the total market turnover.

Foreign investors remained bearish on key blue chips to print outflows of 157.71 million shillings in the day.

Safaricom was the most traded counter on the day – accounting for 68.17 percent of the total market activity. The stock’s turnover came in at 273.35 million shillings – with net foreign outflows amounting to 119.26 million shillings.

Fixed Income

Turnover rose by 3.34 percent to 5.32 billion shillings up from 5.15 billion shillings the previous trading day.

The FXD bond segment was the most traded segment of the day – accounting for c. 47 percent of trades above 50 billion shillings.

IFB1/2023/017 was the most traded paper of the day.

Related Content: Kenyan Shilling Continues To Melt Despite Efforts By CBK

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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