Kenya Airways continued its rising streak, up 9.8% to KES 6.92 to close as the day’s top gainer. On the other hand, Eaagads declined by 9.6% to KES 10.85 – the day’s leading laggard.
KCB Group was the most traded stock, accounting for 30.8% of the day’s turnover. The counter’s price function gravitated to a position of stability, remaining unchanged at KES 43.45.
HF Group, Kenya Re and Kenya Power rose by 8.5%, 6.1% and 2.9% to KES 6.90, KES 1.73 and KES 6.46, respectively, with the HF Group emerging as the day’s best-performing mover for the second consecutive session.
Conversely, KenGen and Safaricom softened by 2.3% and 0.5% to KES 4.18 and KES 18.10, respectively.
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The market closed the day on a mixed note, with the NASI and N10 both advancing by 0.1%, and the NSE 20 rising by 0.6%. In contrast, the NSE 25 remained unchanged during the session.
Equity turnover edged upwards by 40.7% to USD 1.9m. Local investors dominated market activity, accounting for 85.4% of the day’s turnover levels, down from 95.5% yesterday.
Foreign investors were bearish in the session, with net outflows of USD 359.7k. KCB Group led the selling charge, while Jubilee Holdings led the buying charge for the second time.
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