Equities Turnover Ups 54.1% To Ksh 378.6 Million On Wednesday

Equities 

Turnover rose by 54.1 percent to 378.6 million shillings up from 245.7 million shillings the previous trading day (Tuesday). Local investors were the dominant players on the day. They accounted for c. 56 percent of the total market turnover.

Foreign investors remained bearish on key blue chips to print net outflows of 282.8 million shillings in the day.

Safaricom Group was the most traded counter on the day – accounting for 94.1 percent of the total market activity. The stock’s turnover came in at 35.5 million – with net outflows amounting to 277.3 million shillings.

Read Also: Equities Turnover Dips 88.0% To Hit Ksh 128.2 Million

Fixed Income

Turnover rose by 15.5 percent to 2.2 billion shillings up from 1.90 billion shillings the previous trading day.

The FXD bond segment was the highest-grossing segment of the day – accounting for c. 85 percent of trades above 50 million shillings.

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

Read Also: Full List Of Top Losers, Gainers And Movers At The NSE For The Month Of August

Data from Genghis Capital