NAIROBI (Xinhua) --
Nairobi Securities Exchange (NSE) turnover rose 123 percent on
Tuesday to 32 million shares valued at 6.4 million U.S. dollars from
the previous session’s 15 million worth 2.9 million dollars on
improved foreign trading.
Foreign investors’ participation stood at 75 percent, with the
traders assuming a net buying position by accounting for 88 percent
of total market purchases and 79 percent of sales.
Safaricom, Kenya Commercial Bank (KCB) and British American Tobacco
attracted the most trading from foreigners.
Safaricom, Kenya’s leading telecom was the top trader accounting for
75 percent of the day’s traded value after moving 26.2 million
shares at a declined price of 0.18 dollars, a drop of 0.8 percent.
KCB came in second with 2.2 million shares valued at unchanged price
of 0.34 dollars while at the third spot was Barclays Bank with 1.8
million shares moved at a declined price of 0.07 dollars.
Cooperative Bank and Housing Finance closed the list of top traded
stocks but exchanged at a paltry 453,900 and 317,900 shares.
The NSE 20 Share Index declined 0.3 percent or 9.38 points to close
at 3,096.83 while NASI Index declined by 0.24 percent or 0.31 points
to close at 131.19. The NSE 25 Share Index was down 1.35 points to
stand at 3,482.44.
The bond market turnover gained marginally to register 18 million
dollars from 12 million dollars in the previous session.