Equities Turnover Jumps 238% On The Eve Of Maandamano
KEY POINTS
Equity Group was the most traded counter on the day – accounting for 50.3 percent of the total market activity. The stock’s turnover came in at 136.15 million shillings – with net inflows amounting to KES 133.6Mn.
Equities turnover jumped by 238.03 percent to 270.65 million shillings on Tuesday up from 80.07 million shillings the previous trading day.
During the day, foreign investors were the dominant players on the day. They accounted for c. 51 percent of the total market turnover. Foreign investors remained bullish on key blue chips to print net inflows of 149.81 million shillings in the day.
Equity Group was the most traded counter on the day – accounting for 50.3 percent of the total market activity. The stock’s turnover came in at 136.15 million shillings – with net inflows amounting to 133.6 million shillings.
The Fixed Income Turnover dropped by 7.31 percent to 1.72 billion shillings down from 1.85 billion shillings the previous trading day.
The IFB bond segment was the highest-grossing segment of the day – accounting for c. 67 percent of trades above 50 million shillings. IFB1/2023/007 was the most traded paper of the day.
Related Content: Equities Turnover Dropped 67.6% To Hit Ksh 107.2 Mn
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