Equities Turnover Rises To Ksh 151.6 Million As Local Investors Dominate

Turnover rose marginally by 3.4 percent to 151.6 million shillings up from 146.6 million shillings the previous trading day.

Local investors were the dominant players on the day. They accounted for c. 55 percent of the total market turnover.

Foreign investors remained bearish on key blue chips to print net outflows of 82.9 million shillings in the day.

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Equity Group was the most traded counter on the day – accounting for 41.9 percent of the total market activity. The stock’s turnover came in at 63.5 million shillings – with net outflows amounting to 42.1 million shillings.

At the same time, fixed income, turnover soared by 110.4 percent to 2.36 billion shillings up from 1.12 billion shillings the previous trading day.

The FXD bond segment was the highest-grossing segment of the day – accounting for c. 65 percent of trades above 50 million shillings.

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

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