NAIROBI (Xinhua) --
The Nairobi Securities Exchange (NSE) experienced
a major decline on Thursday as key indices and turnover dipped,
wiping out gains recorded in previous session.
Turnover declined to
7.5 million U.S. dollars on a volume of 24 million shares from
the previous session’s 16 million dollars from 77 million
Similarly, the NSE
20 share Index was down 29.87 points to stand at 3,635.76 while
the All Share Index (NASI) shed off 2.93 points to stand at
178.25. On the other hand, the NSE 25 Share index lost 49.42 to
close at 4,683.01.
telecom Safaricom was the day’s biggest mover with 14 million
shares, which represented 53 percent of the day’s traded value.
The banking sector
transacted shares that accounted for 27 percent of the day’s
traded value, with Equity Group Holdings actively moving 2.3M
shares to emerge second on Thursday.
Other top movers
were KenolKobil 1.23 million shares, NIC 911,000 and Kengen
The bond market
registered improved activity with bonds worth 31 million dollars
transacted compared to 27 million dollars posted the previous