INDICES

The NSE 20 Share Index performance dropped on this first day of October by 6.28 points to close at 3965.75 from 3,972.03 points on Friday. The All-Share Index performance dropped by 0.21 to close at 87.17 points from Friday’s 87.38.

HIGHEST VOLUMES

Safaricom shares were once again the highest traded shares at the stock market with 3.05 million shares traded while second was Equity Bank with a total of 1.28 million shares. Kenya Airways was the 3rd most traded counter with 1.02 million shares changing hands and fourth was TPS Eastern Africa (Serena) Ltd with 752,400 shares.

COUNTER WATCH

• Standard Group Ltd - The shares edged 1.96% higher to close at KES 26.00 at the closing bell. The counter has maintained an upwards trend as it moves towards its highest price having gained by 9.68% last week on Friday.
• Unga Group - The shares have continued to show a downward movement and the counter was one of the top losers having dropped in price by 3.27%. This saw them trade at KES 13.30 from last Friday's KES 13.75. This slump could be shareholders' disappointment when the company announced the dividend payout. The corporate action has in essence had a negative effect on the upward trend the share was previously recording.