NAIROBI (Xinhua) --
Turnover at Nairobi Securities Exchange (NSE)
declined by 227 percent on Thursday to 5.8 million U.S. dollars
on a volume of 27 million shares from 38 million shares worth 19
million dollars in the previous session as investors withheld
leading telecom operator, Safaricom, which was the top trader
Wednesday with 57 million shares, traded a paltry 6 million
shares at an unchanged price of 0.19 dollars.
Commercial Bank was the day’s biggest mover, with 8.2 million
shares changing hands at 0.27 dollars, a marginal rise. Equity
Bank, on the other hand, went up some cents to 0.26 dollars and
moved 2.7 million shares.
total, the banking sector traded 12.3 million shares to
represent 44 percent of the day’s traded volume.
commercial and services sector had 5 million shares traded, with
national carrier Kenya Airways moving 4.8 million shares of the
total after plunging 4.2 percent to 0.03 dollars.
20 Share Index went up 11.67 points during the Thursday trading
to stand at 3,180.29, buoyed by marginal rise of banking stocks.
other hand, the All Share Index ended 0.12 points lower to stand
at 130.87 while the NSE 25 Share Index was up 1.86 points to
settle at 3,422.56.
market had securities worth 9.8 million dollars transacted
compared to 15 million posted Wednesday.