Bamburi clocks 95% Of Day’s Turnover, Linked To The Takeover Provide

Bamburi clocks 95% Of Day’s Turnover, Linked To The Takeover Provide
  • Dec, Thu, 2024

Bamburi clocks 95% Of Day’s Turnover, Linked To The Takeover Provide

Counters

Bamburi was the highest traded counter, at 95.0% of the day’s market exercise on the again of a block commerce of 137.1k shares for KES 65.00 – translating to USD 68.9m in turnovers. Its worth perform, nevertheless, remained unchanged at KES 52.00.

Safaricom was the session’s best-performing high mover gaining 2.0% to KES 17.60. KCB Group and NCBA rose by 0.1% and 0.3% to KES 39.60 and KES 45.70, respectively whereas Equity Group retreated by 0.5% to KES 46.15.

Britam, a shock high mover, dropped by 0.3% to shut at KES 5.82. Carbacid was the day’s high gainer, up 2.8% to shut at KES 19.95. TransCentury however retreated by 7.5% to shut at KES 0.37.

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Indices

The market closed the day on a combined be aware with the N10, NSE 20, and NSE 25 down 0.8%, 0.4%, and 0.5% respectively whereas the NASI gained 0.3%.

Turnover

Equity turnover jumped to USD 72.6m (+6,052.4%) largely pushed by Bamburi’s block commerce. Local buyers dominated market exercise, accounting for 97.4% of the turnover ranges, up from 69.6% yesterday.

Foreign web flows

Foreign buyers remained bullish, with web inflows of USD 98.1k. Safaricom led the shopping for cost whereas KCB Group led the promoting cost.

Read Also: Maximizing Dividends: How Investing 1M KES in Equal Ksh 100K Investments Perform Across Top NSE Stocks

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