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By Bedah Mengo NAIROBI (Xinhua) --
Some 32 million shares worth 6.2 million U.S.
dollars were transacted at the Nairobi Securities Exchange (NSE)
Friday as trading slowed down 44 percent.
On Thursday, trading
at the securities market hit a peak of 70 million shares worth
11 million dollars as the bourse recorded its best day since
January.
Despite a drop in
turnover, the NSE 20 Share Index sustained momentum, gaining 18
points to stand at 2,951.62 and gravitating towards the
psychological 3,000 mark. In total, benchmark NSE 20 share Index
gained 89.23 points this week.
Leading telecom
operator Safaricom was the day’s top mover after trading 12
million shares at unchanged price of 0.18 dollars. Thursday, the
telecom traded 26 million shares.
Cooperative Bank
came in second with 10.1 million shares at 0.11 dollars, with
the stock attracting mainly foreign buys, after Safaricom.
Equity Bank and NIC
Bank were the third and fourth best traders, with stocks
attracting foreign buys and sales respectively to move 3.5
million and 1.1 million shares at 0.27 dollars and 0.21 dollars.
Britam closed the
list of the best five stocks after moving 972,300 shares at 0.09
dollars, an increase of 0.5 percent. Foreign investors’
participation during the trading increased to 82 percent Friday
from 45 percent in previous session.
The bond market
registered declined trading Friday as bonds worth 5 million
dollars were traded from 26 million dollars Thursday. |
