Equities Turnover Uped 24% To End Thursday At Ksh 125 Million

Equities Turnover rose by 24.4% to KES 125.4Mn up from KES 100.9Mn the previous trading day. Domestic investors were the dominant players on the day. They accounted for c. 62.5% of the total market turnover.

Foreign investors remained bearish on key blue chips to print net outflows of KES 16.1Mn in the day.

Safaricom Plc was the most traded counter on the day – accounting for 37.3% of the total market activity. The stock’s turnover came in at KES 46.8Mn.

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At the same time, Fixed Income Turnover rose by 169.9% to KES 10.98Bn up from KES 4.08Bn recorded in the previous trading day.

The IFB bond segment was the highest-grossing segment of the day – accounting for c. 57% of trades above KES 50Mn. IFB1/2023/007 was the most frequently traded paper of the day.

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Data from Genghis Capital.