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Equities Turnover Dips 32.2% To Ksh 57 Million

Equities Market

Turnover dropped by 32.2% to KES 57Mn down from KES 84.1Mn the previous trading day. Local investors were the dominant players on the day. They accounted for c. 79.7% of the total market turnover.

Foreign investors turned bullish on key blue chips to print net inflows of KES 6.38Mn in the day.

Standard Chartered Kenya was the most traded counter on the day – accounting for 43.5% of the total market activity. The stock’s turnover came in at KES 24.8Mn.

Read Also: The Importance Of Financial Literacy Training: Unlocking A Path to Financial Success with The Abojani

Fixed Income Turnover declined by 13% to KES 1.07Bn down from KES 1.24Bn the previous trading day.

The FXD segment was the highest grossing segment of the day – accounting for 77% of trades above KES 50Mn.

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

Read Also: The Multifaceted Significance of Financial Literacy For Young Kenyans

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