NAIROBI (Xinhua) -- Nairobi
Securities Exchange (NSE) 20 Share Index edged 10 points up Monday to close the
day at 3,033.33, sustaining gains for the fifth consecutive session.
pushes the index to a new high as it shows signs of recovery after being hit by
a bear-run that eroded the value of most large stocks.
increase was attributed to eight large stocks led by CFC Stanbic, Kenya Power
and Scangroup which rose by between 0.3 percent and 4.5 percent.
Kenya’s leading telecom was the day’s top trader after moving 2.06 million
shares at a declined price of 0.17 dollars. Last Friday, Safaricom traded 32
was the second biggest mover during the session transacting 2.05 million shares
at unchanged price of 0.25 dollars.
Airways, Kengen and Kenya Power were the other top traders respectively but did
not trade more than a million shares. Kenya Airways moved 500,600 shares, Kengen
401,100 and Kenya Power 227,100 all at unchanged prices.
million shares valued at 1.1 million U.S. dollars were transacted from 46
million worth 9.6 million dollars.
Index (NASI) was up to stand at 125.88 from 126.53 while the NSE 25 Share index
closed at 3,297.87 from 3,297.51 last Friday.