Kenyan Wall Street | by Jackson Okoth
Uchumi Supermarket was pushed up by speculative activity to the prime mover spot at the Nairobi Securities Exchange(NSE). This follows signs that it had reached a deal to clear an old debt, estimated at KSh 4.7 Billion.
When trading ended at the bourse 29th December 2020, Uchumi Supermarket, which has a market capitalization of KSh 102.19 Million, moved 1.02 Million shares. This was from 17 deals that resulted in a turnover of KSh 281,710.00…
