author

EFE Securities

6 years ago

Market Commentary

Market Comment -04.04.2018

A block trade in Nampak highlighted the midweek session as 125,905,870 shares worth $14.99m exchanged hands at a stable price of $0.1650, though the counter closed lower at an average price of $0.1649. The packaging group claimed the lion’s share in terms of volumes and values after claiming 99.56% and 98.16% of the aggregates respectively. Volumes traded for the day ballooned 17189.23% to 125.46m shares yielding a value outturn of $15.27m after surging 7220.64%. The market recorded a net funds inflow position as foreign purchases were $149,077.47 while, sales stood at $81,546.61 which was up 66.78% from prior session.