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HomeBusinessMarketsEveready E.A stocks surge to trade Ksh.1.5 per share

Eveready E.A stocks surge to trade Ksh.1.5 per share

Eveready E.A stocks surge to trade Ksh.1.5 per share

The Eveready East Africa closed the day to emerge top gainer on the Nairobi Securities Exchange, when its stocks surged by 8.25 percent to trade at Ksh.1.5 per share.

It was followed by Jubilee Holdings, which rose by 5.36 percent, trading at Ksh.368.75 per share.

Sameer Africa gained 4.79 percent while Carbacid Investments was up 4.35 percent.

Trans Century ended the day 3.85 percent higher to close at Ksh.1.35 per share.

Crown Paints shed 9.92 percent ON Friday’s trading when it closed as top loser on the bourse.

It was followed by TPS Eastern Africa which dropped 4.06 percent to close at Ksh.15.35 cents per share.

Longhorn publishers shed 3.57 percent to close at Ksh.4.05.

The publisher’s stocks have crashed a week after its stocks edged up 3.5 percent to emerge among top gainers on the NSE when it traded Ksh.4.14 per share.

Also Read:

  1. Longhorn Publishers’ stocks surge after bounce back
  2. Express Kenya stocks rally to close at Ksh.4.40 per share
  3. Investors sold off Ksh.1.9 billion NSE stocks in 5 months

In the week, it had reported jump in profitability of Ksh.7.5 million for the year ended June 30, 2021 from a loss of Ksh.226 million recorded in 2020.

However, Kenya Commercial Bank Group (KCB) was the day’s biggest mover, trading over 3.1 million shares worth more than Ksh.146 million.

Kenya Power moved more than 2.4 million shares, followed by Equity Group holdings at over 1.8 million shares and Safaricom, slightly above one million shares.

NCBA Group closed the day moving over half a million shares.

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Lawrence Baraza is a prolific writer with competencies in Digital Media, Print, and Broadcast. Baraza is also a Communication Practitioner currently spearheading Digital content on Metropol TV's Digital Desk.

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