Here is a summary of the trading stats for August 2023 at the Nairobi Securities Exchange. This data is courtesy of Standard Investment Bank (SIB).
For the top movers of the month, Safaricom took the lead accounting for a total turnover of 32 percent followed by Equity Group with a turnover of 26.7 percent. EABL was third with 8.6 percent while Absa Bank was fourth with 7.3 percent.
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Among the top gainers of the month, Car & General took the lead, gaining 38.6 percent in August. Longhorn Kenya gained 38.1 percent while ILAM Fahari went home with 35.7 percent. Home Africa gained 13.3 percent while Kenya Orchards gained 9.7 percent.
When it came to the top losers of the month, Olympia Capital took the lead, shedding off 35.6 percent followed by Uchumi Supermarket which ailed away 21.7 percent. Williamson Tea Kenya lost 19.6 percent while KCB Group lost 17.2 percent.
On top of foreign inflows and outflows, the banks dominated the charts. On net inflows from foreigners, Equity Group took the lead, followed by Absa Bank Kenya, EABL, KCB Group, and Jubilee Holdings, among others. For net outflows, ILAM Fahari, Safaricom, Co-op Bank, and NCBA Bank dominated the charts.
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In terms of market capitalization, Safaricom is the leader with 39.9 percent followed by Equity Group with 9.5 percent. EAB had 6.9 percent while KCB Group had 4.9 percent. Co-op Bank, NCBA Bank, and Absa Bank Kenya had 4.4, 4.2, and 4.1 percent respectively.
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