NAIROBI (Xinhua) --
Some 11 million shares worth 2.6 million U.S. dollars
were traded at the Nairobi Securities Exchange (NSE) on Monday as
turnover rose 16 percent boosted by slight rise in foreign
On the previous trading day last Friday, the bourse traded shares
worth 12 million on a volume of 2.2 million dollars as foreigners
However, their participation Monday rose to 77 percent from 43
percent, with the foreigners being net buyers.
Kenya Commercial Bank (KCB) was the top day’s trader moving 3.3
million shares at 0.26 dollars, a rise of 2 percent.
Coming in second was power generator KenGen with 3.1 million shares
at unchanged price of 0.06 dollars.
Safaricom, Kenya’s leading telecom, was the third top trader after
losing the top spot as it transacted 1.8 million shares, mainly
foreign sales, at a new low of 0.16 dollars, a decline of 0.6
Mumias Sugar Company and East African Breweries Ltd closed the list
of top five performers but did not move more than a million shares.
Mumias Sugar traded 538,900 shares at unchanged price of 0.01
dollars while EABL 450,600 at 2.1 dollars, mainly foreign sales.
The benchmark NSE 20 Share Index went up marginally 1.23 points to
close the day at 2,963.01, an upward trend after a slump at the end
of last week.
On the other hand, the All share Index (NASI) was down 0.25 points
to close at 121.43.