NAIROBI (Xinhua) --
Some 21 million shares valued at 5.7 million U.S.
dollars were traded at the Nairobi Securities Exchange (NSE)
Wednesday, down from 60 million worth 13 million dollars Tuesday
as foreign investors cut trading by 60 percent.
Safaricom was the top mover trading 7.4 million shares after
going up 1.5 percent to 0.20 dollars. The telecom had moved over
56 million shares at 0.19 dollars Tuesday to lift the bourse to
a new high.
Equity Bank was the
second mover with 5.6 million shares after edging up 3.6 percent
to trade at a high of 0.30 dollars. On the other hand, Kenya
Commercial Bank and Cooperative Bank moved 3.2 million and 1.3
Overall, the banking
sector was the top trader moving 10.3 million shares that
represented 47 percent of the day’s volume.
The energy sector
traded 1.3 million shares with Uganda electricity generator
Umeme declining to 0.16 dollars on a volume of 738,000 shares
while KenolKobil went up to 0.11 dollars to move 505,000 shares.
commercial and manufacturing categories did not trade more than
a million shares.
As turnover, the NSE
benchmark index too declined, going down 29.01 points to stand
at 3,177.70, while the All Share Index (NASI) ended 0.06 points
lower to stand at 134.82 and the NSE 25 Share Index was down
14.45 points to stand at 3,535.01.
Trading at the bond
market remained unchanged at 19 million dollars.