(Xinhua) -- Trading at the Nairobi Securities
Exchange (NSE) was stifled on Tuesday as the market reopened for
the first session in 2018.
Turnover stood at 1.9 million U.S.
dollars on a volume of 7.1 million shares from 12 million shares
worth 2.3 million dollars.
The benchmark 20 Share Index declined
7.43 points to end the day at 3,704.51 pulled down by selected
large stocks, whose prices fell, including Sasini (8.5 percent),
CFC Stanbic (1.5 percent) and Athi River Mining Cement (2
Kenya’s leading telecom Safaricom was
the top traded stock after moving 4 million shares at 0.26
The telecom was followed by Equity
Bank, which moved 1 million shares after rising to 0.39 dollars
while HomeAfrika traded 332,000 shares to end the day at the
At the fourth place was Barclays Bank
with 255,900 while Kenya Power closed the top five spot with
At the bond market, turnover declined
considerably to end at 970,873 dollars from 11 million in the
last session on Friday.
Foreign investor participation stood
at 76 percent while local 24 percent, with the former being net