NSE today

Summary (11th December, 2020)

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE), A total of 23,218,900 shares in 792 deals, corresponding to a market value of KES 423,645,989 were traded. Compared with the previous NSE trading day (Thursday, December 10), today's data shows 36% decline in volume, 57% decline in turnover, and 8% decline in deals. The current NSE market capitalization is KES 2.259 trillion. 

In aggregate, 45 NSE listed equities participated in trading, ending with 22 gainers and 15 losers.

Top Gainers

Bank of Kigali Group led the gainers with 9.81% share price appreciation closing at KES 20.15 per share, followed by Umeme (+9.76%), Bamburi Cement (+9.58%) and Express Kenya (+9.52%). 

Top Losers

On the losing side, Home Afrika came out last with an end-of-day price depreciation of 7.32% at KES 0.38 per share, followed by Housing Finance Company (-6.67%), Scangroup (-4.92%) and Eaagads (-4.72%).

Top Movers

Carbacid Investments recorded the highest volume of 12.8 million traded shares, followed by Safaricom (4.21m), Equity Group Holdings (3.21m) and KPLC (1.67m)

Recommended share Purchase

I would recommend investors to buy Scangroup shares at the current price. 

Scangroup has;

Share price = KES 6.18

PE Ratio = 4.475

EPS = 1.37

Market Capitalization = 2,809,013,903