NAIROBI (Xinhua) --
The Nairobi Securities Exchange (NSE) this week
recorded improved activity as the volume of shares traded,
turnover and key indices rose boosted by energy stocks.
Equity turnover rose
30 percent to 57 million U.S. dollars on a volume of 242 million
shares, up from 44 million dollars from 113 million shares
posted the previous week.
The NSE 20 Share
Index added 44.98 points to stand at 3,755.95 on Friday as the
All Share Index (NASI) rose 0.48 points to stand at 181.26.
Similarly, the NSE 25 Share index gained 79.17 points to stand
The energy sector
was the most active and accounted for 31 percent of the week’s
turnover mainly boosted by KenolKobil that moved 101 million
shares transacted by local investors.
The banking sector
followed, accounting for 28 percent of the week’s value boosted
by Equity Bank and Kenya Commercial Bank. Safaricom in the
telecom sector came third representing 27.7 percent of the
week’s traded value.