Equities Turnover Dips 88.0% To Hit Ksh 128.2 Million

Equities   

Turnover declined by 88.0% to KES 128.2Mn down from KES 1,533.3Mn the previous trading day. Local investors were the dominant players on the day. They accounted for c. 62% of the total market turnover.

Foreign investors remained bearish on key blue chips to print net outflows of KES 51.2Mn in the day. BAT Group was the most traded counter on the day – accounting for 27.6% of the total market activity. The stock’s turnover came in at KES 35.5Mn – with net outflows amounting to KES 13.8Mn.

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Fixed Income

Turnover declined by 35.8% to KES 1.96Bn down from KES 1.26Bn the previous trading day.

The FXD bond segment was the highest-grossing segment of the day – accounting for c. 74% of trades above KES 50Mn.

IFB1/2023/007 was the single most traded paper of the day.

Read Also: BAT Snapped Its Mini-rally, Retreating 0.5% To Ksh 418.00

Data from Genghis Capital