NSE wrote:The Month of August 2013 recorded the highest equity turnover in NSE’s history. Turnover increased by 86% to Kshs 21 billion in August 2013 compared to July 2013 turnover of Kshs 11 billion. The main movers were :
- Nation Media Group ( Kshs 6.1 bn),
- Safaricom ( Kshs 2.8 bn),
- East Africa Breweries Ltd (Kshs 2.6 bn),
- KCB Kshs 2.5 bn),
- Equity Bank ( Kshs 1.8 bn) and
- BAT ( Kshs 1.5 bn).
Foreign Investors heavily traded in these counters leaning on the Buy Side ( Kshs 15 billion). This vibrant trading activity is a reflection of increased investor confidence in our market.
NSE wrote:
Today’s turnover rose to Kes.845M on a volume of 52M shares, up from Kes.486M on 17M shares posted yesterday.
The NSE 20 Share Index was up 0.24% during the week to stand at 4708.95 points.
All Share Index (NASI) was up 1.95% during the week to settle at 122.30 points.
Live and learn; and don’t forget, nothing ventured, nothing gained.