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NAIROBI, (Xinhua) --
Kenya’s Nairobi Securities Exchange (NSE) 20 Share Index gained
26 points to close Thursday above the psychological 3,000 points
mark.
The benchmark index
stood at 3,009.19 points, the highest level in recent weeks,
after hitting a low of about 2,700 points following a bear-run
that eroded the value of most large stocks.
Similarly, the All
Share Index (NASI) edged 0.54 points higher to stand at 125.93
while the NSE 25 Share Index added 27.02 points to stand at
3,279.56.
However, despite
rise in the key indices, the market turnover slumped 60 percent
to stand at 3.1 million U.S. dollars on a volume of 13 million
shares from 49 million shares worth 7.9 million dollars on
Wednesday.
Safaricom, Kenya’s
leading telecom operator, was the day’s biggest mover, trading
6.9 million shares from 31 million shares at unchanged price of
0.18 dollars. The shares were valued at 1.2 million dollars.
The rest of the
stocks in the top five list namely CFC Stanbic, Kenya Commercial
Bank (KCB), HomeAfrika and Kenya Airways did not trade more than
a million shares.
CFC moved 851,100,
KCB 842,200, HomeAfrika 830,500 and Kenya Airways 740,400
shares.
The bond market had
securities worth 11 million dollars transacted compared to 13
million dollars registered in the previous session. |
