Equities Turnover Shed Off 72.1% To Hit Ksh 41.2 Million

Turnover decreased by 72.1% to KES 41.2Mn down from KES 147.8Mn the previous trading day. Local investors were the dominant players on the day. They accounted for 68.9% of the total market turnover.

Foreign investors remained bearish on key blue chips to print net outflows of KES 14.21Mn in the day.

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Safaricom was the most traded counter on the day – accounting for 25.8% of the total market activity. The stock’s turnover came in at KES 10.6Mn – with notable net outflows amounting to KES 6.2Mn

Turnover decreased by 22.3% to KES 4.05Bn down from KES 5.21Bn the previous trading day.

The IFB segment was the highest-grossing segment of the day – accounting for 90.4% of trades above KES 50Mn.

IFB1/2023/6.5 remained the most frequently traded paper of the day.

Read Also: Safaricom Maintains Its Six-Session Slide, Shedding 2.1% To Ksh 14.10 Per Share