NAIROBI (Xinhua) --
Turnover at the Nairobi Securities Exchange (NSE)
rose to 11 million U.S. dollars from 8.4 million dollars at the
previous session, boosted by telecom and banking stocks.
However, stock prices seemed to have cooled off after a one-week
rally as the benchmark 20 Share Index dropped for the first time in
as many days.
The index closed the day at 4,069.34 after shedding 45 points, after
having gained over 200 points during the period.
Safaricom, Kenya’s leading telecom was the top traded stock after
moving 14.3 million shares at 0.24 U.S. dollars, a marginal decline
of 2 percent.
The stock was followed by energy firm KenGen which moved 6.1 million
shares that traded at 0.09 dollars, a decline of 6 percent. The rest
of the shares that made it to the top five most traded stocks were
from the banking sector.
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