NAIROBI (Xinhua) --
Equity turnover at the Nairobi Securities
Exchange (NSE) doubled on Tuesday as foreign investors
Turnover rose to
11 million U.S. dollars, a 104 percent rise, on a volume of 46
million shares, from the previous session’s 5.4 million
dollars from 15 million shares.
Bank, Cooperative Bank, Kenya Commercial Bank (KCB) and
Diamond Trust Bank accounted for 95.3 percent of the day’s
However, the most
traded counters were Safaricom, Equity Bank, Cooperative Bank,
KCB and Home Afrika moving 35 million, 3 million, 2.2 million,
800,000 and 800,000 shares respectively.
participation stood at 68.4 percent compared to Monday’s 60
percent, with the traders accounting for 53 percent of total
buying and 84 percent of total selling.
The traders mainly
went for Safaricom, selling the stock more than they bought,
as it traded at 0.24 dollars.
recorded the highest net foreign inflows, unchanged in
Wednesday’s session to close at 0.40 dollars.
The NSE 20 Share
Index was down 9.13 points to close at 3,788.84 points,
reversing gains made in the past week, while the NSE All share
Index (NASI) was down by 1.75 points to close at 161.34
At the bond
market, turnover stood at 16 million dollars up from 5 million
dollars in the previous session.