Equities Turnover Dropped 67.6% To Hit Ksh 107.2 Mn

Equities turnover dropped by 67.6 percent to 107.2 million shillings down from 331.1 million shillings the previous trading day.

Local investors were the dominant players on the day. They accounted for c. 69.1 percent of the total market turnover. Foreign investors remained bullish on key blue chips to print net inflows of 28.49 million shillings in the day.

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Equity Group was the most traded counter on the day – accounting for 49.36 percent of the total market activity. The stock’s turnover came in at 52.93 million shillings – with net inflows amounting to 45.69 million shillings.

Fixed Income turnover declined by 48.6 percent to 1.27 billion shillings down from 2.46 billion shillings the previous trading day.

The IFB bond segment was the highest-grossing segment of the day – accounting for c. 51% of trades above 50 million shillings. IFB1/2023/007 was the most traded paper of the day.

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