NAIROBI (Xinhua) --
Trading at the Nairobi Securities
Exchange (NSE) was subdued last week as both turnover
and the benchmark index declined, with foreigners
retreating from the market.
benchmark NSE 20 Share Index dropped 27.52 points to end
at 3,719.17 as it continued with a negative trend from
the previous day, pulled down by declining prices of key
Out of the
20 stocks that make the key index, only five rose as the
rest declined or remained unchanged during the session.
Kenya’s leading telecom, was among the top stocks whose
prices rose 2 percent to stand at 0.24 percent. Others
were Nation Media Group (1 percent), Kenya Commercial
Bank (KCB) (0.6 percent) and Centum Investment (0.5
declined included Kengen, Kenya Airways, CFC Stanbic,
Scangroup and Cooperative Bank, going down by between
0.3 percent and 0.7 percent.
traded counters were Safaricom, Cooperative Bank, KCB,
CIC insurance and Mumias Sugar after moving 12.1
million, 5.8 million, 946,000, 823,000 and 795,200
participation during the session dropped to 49 percent
from 81 percent as local participation rose to 51
A total of
24 million shares worth 7 million dollars were traded
during the session from the previous session’s 31
million worth 8 million dollars.