NAIROBI (Xinhua) --
Nairobi Securities Exchange (NSE) benchmark index
crossed the 3,700 mark to hit over a year high, boosted by rise
in prices of large stocks.
The NSE 20 Share
Index ended the day at 3,700.44 from 3,683.24 in the previous
session pushed up by an increase in prices of Kenya Commercial
Bank (KCB), KenGen and Safaricom, among others.
similarly rose 19 percent to 7 million U.S. dollars on a volume
of 30 million shares from 22 million worth 5.9 million dollars
in the previous session.
KCB retained the
best traded stock spot stock after moving 5.1 million shares
down from 6.7 million shares at 0.40 dollars, a rise of 0.6
moved 4.9 million shares at unchanged price of 0.14 dollars to
close the day at the second spot.
generator KenGen was third after moving with 3.9 million shares
traded at 0.07 dollars after going up 1.3 percent.
leading telecom for the third consecutive trading session was
supplanted from the top spot.
The telecom, which
is usually the best traded stock at the bourse, moved 2.8
million shares, a rise from 2.2 million in the previous session
at unchanged price of 0.23 dollars, a 2.2 percent rise to clinch
the fourth spot.
KenyaRe moved 2.5 million shares at 0.21dollars, an increase 5
percent to close the list of top five stocks.
At the bond market,
turnover declined to 13 million dollars from the previous day’s
15 million dollars.