NAIROBI (Xinhua) --
Turnover at the Nairobi Securities Exchange (NSE)
went up marginally on Monday trading amid decline in the
benchmark index pushed down by Safaricom.
The leading telecom
firm, the largest company by market capitalization at the
bourse, declined by 2 percent to trade at 0.24 U.S. dollars as a
boycott by opposition supporters of its products started to
Super Alliance (NASA) last Friday accused Safaricom and two
other companies of working with the government to defeat
electoral justice and asked its supporters to boycott the
The drop of
Safaricom, whose trade mainly involved foreign sales, and nine
other companies pushed the NSE 20 Share Index down 2.5 points to
Other top losers
included Cooperative Bank, Kenya Airways, Nation Media Group and
Similarly, the NSE
All Share Index (NASI) declined to close at 163.09 from 164.50
points while the NSE 25 Share Index settled at 3,797.96, from
rose to 5.4 million dollars on a volume of 15 million shares,
from 18 million worth 3.5 million dollars.
KenolKobil, Kenya Commercial Bank (KCB), Equity Bank and Kenya
Airways were the top movers, trading 5.6 million, 2.2 million,
1.7 million, 1.6 million and 1.1 million shares respectively.