Abacus Wealth Management

Trading Activity Rises at the NSE

The Nairobi Securities Exchange opened to rejuvenate activity this morning.

As of 12:31:00 PM, 10,549,800 Safaricom shares had been traded. This is almost 6 times more shares than were traded in total by the Safaricom counter yesterday. The share is currently trading at KES 3.45.

1,226,600 Co-operative Bank shares have already been traded in 62 bids, with the share shedding 25 cents (2.14%) to trade at KES 11.45 from its closing price of KES 11.70 yesterday.

The KCB counter has been active as well with 985,600 shares traded thus far in the day in 58 bids, the share price up 50 cents (2.15%) from KES 23.25 to KES 23.75 in trading.

725,900 Equity Bank shares have been traded thus far in the day in 35 bids, the share price up 50 cents (2.25%) from KES 22.25 to KES 22.75 so far in the day.

Stay tuned to Pesatalk for more news, insights, opinions and analysis of the goings-on at the NSE.

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