NAIROBI (Xinhua) --
Some 17 million shares valued at 3.4 million U.S.
dollars were traded at the Nairobi Securities Exchange (NSE), a
47 percent drop from 32 million shares worth 6.4 million dollars
participation stood at 70 percent from 75 percent in the
previous session, with the foreigners accounting for 74 percent
buying and 67 percent of total selling.
Equity Bank recorded
the highest net foreign inflows to close 1.5 percent higher at
0.33 dollars while Kenya Commercial Bank (KCB) recorded the most
net foreign outflows as it shed 0.7 percent to also close at
telecom Safaricom was the most traded stock moving 9.5 million
shares at unchanged price of 0.18 dollars.
Barclays Bank came
second after moving 1.8 million shares at 0.07 dollars, a
decline of 0.06 percent while KCB transacted 1.7 million shares
to close the day at the third spot.
The NSE 20 Share
Index reversed a negative trend and added 4.29 points to stand
at 3,101.12 while the All Share Index (NASI) was up 0.13 points
to stand at 131.32 and NSE 25 Share Index rose 7.43 points to
close at 3,489.87.
At the bond market,
there was an upswing in activity with bonds worth 25 million
dollars transacted compared to 18 million dollars registered the
Nairobi bourse up on increased
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.
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.
Commercial Bank (KCB) and British American Tobacco attracted the
most trading from foreigners.
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.