NAIROBI, (Xinhua) --
Turnover at the Nairobi Securities Exchange (NSE) rose
55 percent on Monday on improved foreign trading, with
the foreigners buying as much as they sold.
benchmark NSE 20 Share Index declined 5 points as it
sustained a negative trend from last week to close
Monday at 3,746.69. Only two stocks that make the index
went up with the rest falling or remaining unchanged.
participation during the session increased to 81 percent
from 40 percent as local participation declined to 19
percent. The foreigners mainly traded Safaricom, buying
as much as they sold.
A total of
31 million shares worth 8 million dollars were traded
during the session from the previous session’s 17
million worth 5.1 million dollars.
traded counters were Safaricom, Kenya Commercial Bank,
Equity Bank, Cooperative Bank and Kenya Airways moving
26 million, 1.6 million, 1 million, 301,700 and 301,000
None of the
top five stocks recorded a rise in price with the banks
stocks going down as Safaricom and the others were
It was the
first time in a week that the telecom had stayed firm
following a call for boycott of its products by the
opposition National Super Alliance which started last
turnover went down marginally to stand at 21 million
dollars from 22 million dollars on Friday last week.