NAIROBI (Xinhua) --
Equity turnover at the Nairobi Securities
Exchange (NSE) declined 51 percent on Thursday in a session
dominated by local investors as foreigners kept off.
Turnover stood at
3.6 million U.S. dollars on a volume of 11 million shares, down
from 7.6 million dollars on 31 million shares on Wednesday.
participation stood at 65 percent while foreigners, who usually
do the bulk of the trading, contributed 35 percent. Both had 50
percent contribution on Wednesday.
The most traded
counters were Kenya Commercial Bank, Safaricom, Kenya Power,
Equity Bank and NIC Bank, moving 2.8 million, 2.7 million, 2
million, 569,800 and 515,900 shares respectively.
Top gainers were
Uchumi, Sasini and the self-listed NSE while the losers were
Mumias Sugar, National Bank and I&M Bank.
The NSE 20 Share
Index declined marginally to end the day at 3,703.28, down from
3,707.29 of the previous session. On the other hand, the NSE All
Share Index closed the day at 178.66, down from Wednesday’s
On the bond market,
turnover stood at 21 million dollars, an increase from 13
million dollars in the previous session.