NAIROBI, (Xinhua) -- Some
32 million shares worth 6.7 million U.S. dollars were traded at the
Nairobi Securities Exchange (NSE) in a slow trading day on
Wednesday, a decline from 43 million shares worth 10 million
Kenya’s leading telecom Safaricom was the top traded stock in the
session, moving 13 million shares, down from 17 million on Tuesday
at 0.23 dollars, a marginal rise.
Cooperative Bank came second, trading 5.9 million shares at 0.14
dollars, a rise of 2.4 percent as it sustained an upward trend.
At the third spot was Kenya Power which traded 2.1 million shares at
unchanged price of 0.07 dollars.
The NSE 20 Share Index ended the day 4.5 points lower to close at
3,674.96 from 3,679.43 in the previous session pulled down by drop
in prices of some large stocks, including British America Tobacco
and Kenya Commercial Bank.
Kenya’s bourse key index rises as
large stocks gain
NAIROBI, (Xinhua) --
Nairobi Securities Exchange (NSE) benchmark index
rose 21 points Tuesday to close at a new high following increase in
prices of various large stocks.
The NSE 20 Share Index ended the day at 3,679.43 from 3,658.65 in
the previous session boosted by rise in prices of KenolKobil, Equity
Bank and Cooperative Bank, among others.
However, turnover went down marginally as 43 million shares worth 10
million U.S. dollars were traded from the same volume worth 11
million dollars on Monday.
Safaricom, Kenya’s leading telecom was the top traded stock in the
Tuesday session after moving 17 million shares, a decline from 19
million on Monday at unchanged price of 0.23 dollars.
At the second spot was Equity Bank, which traded 9.2 million shares
at 0.40 dollars, a rise of 3.2 percent.
Electricity generator Kengen traded 4.1 million shares at unchanged
price of 0.07 dollars to clinch the third spot while Cooperative
Bank came fourth with 2.2 million shares at 0.14 dollars, an
increase of 2 percent.
Regional oil marketer KenolKobil closed the list of the five most
traded stocks during the session by moving 1.5 million shares at
0.15 dollars, a huge rise of 6.4 percent.
Turnover at the secondary bond market, however, rose as securities
worth 16 million dollars were traded, an increase from 11 million
dollars in the previous session.