The NBV Rally, Total Trading Ex Dividend, and Last Week’s Overall Market Activity

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Safaricom Crown Paints Xiaomi
Last week, the NSE recorded a market turnover of Ks 3.3 billion achieved by 112 million shares traded on the exchange. The NASI and the NSE 20 both declined, likely attributed to Safaricom’s 1.21% dip week on week to Ksh 40.75. In this episode, our in-house Financial analyst explores the performance of different sectors for the week, specifically looking at why Kenya’s energy sector lags. The episode also touches on some of the stellar stock performances on the exchange, such as NBV’s impressive 94% YTD growth and the effect of corporate actions like Total trading ex-dividend and NMG’s buyback.
Audio Production by Ally Mwakaneno Gakweli – Business Writer & Podcast Host, Hisa Technologies
Snippet Artwork by Muteti Munyambu – Hisa Technologies

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