TPS Serena today opened trading on the Nairobi Securities Exchange at Kshs. 45, 25 cents down from yesterday’s closing price of Kshs. 45.25. The share however rebounded quickly and jumped Kshs. 4 from the day’s low to trade at Kshs. 49. An important observation is that the Kshs. 45 price at which trading started began today represents a new 12 month low for the share.
The counter today moved 7,500 shares valued at Kshs. 339,375 and closed at Kshs. 48.50, marking an increase of 7.18% on the share from yesterday’s price.