Equities turnover soared by 13x to KES 729.2Mn up from KES 54.1Mn the previous trading day. Foreign investors were the dominant players on the day. They accounted for c. 94% of the total market turnover.
Foreign investors remained bullish on key blue chips to print net inflows of KES 3.96Mn in the day.
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Safaricom Group was the most traded counter on the day – accounting for 92.6% of the total market activity. The stock’s turnover came in at KES 675.3Mn – with net outflows amounting to KES 8.9Mn.
Fixed Income Turnover declined by 89.8% to KES 240Mn down from KES 2.34Bn the previous trading day.
IFB1/2023/007 was the single most traded paper of the day.
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Data from Genghis Capital