NAIROBI (Xinhua) --
The Nairobi Securities Exchange (NSE) key
indicator fell below the 3,500 points mark on Friday as large
stocks continued to decline, with foreigners raising purchases
to cash in.
The NSE 20 index
declined by 25.61 points to close at 3,494.17 pulled down by
Kenya Commercial Bank, Equity Bank and Centum Investment, among
others, which went down.
contrast, the NSE All Share Index increased by 0.49 points to
close at 179.25. On the other hand, the 25 share index decreased
by 2.28 points, closing at 4,648.36.
Variations of the
indices saw the market volumes decrease to 16.4 million shares
worth 4.5 million dollars from 16.5 million worth 5.6 million
dollars on Thursday.
participation represented 54 percent of the total turnover, with
the investors maintaining a net purchase position of Safaricom,
making it the most traded stock at 6.6 million shares.
Bond turnover rose
to 24 million dollars compared to 12 million dollars in the