NAIROBI (Xinhua) --
Equity turnover at the Nairobi Securities Exchange (NSE) nearly
doubled on Wednesday boosted by the trading of Kenya Commercial
Bank (KCB) and leading telecom service provider, Safaricom.
Turnover stood at 10
million U.S. dollars, up from 5.3 million dollars in the
KCB was the most
traded stock after moving 10.9 million shares to supplant
Safaricom from the top spot. The telecom, on the other hand,
traded 10.3 million shares at a high of 0.29 dollars.
Other stocks that
made it to the most traded category were Equity Bank, Kengen and
KenolKobil, which moved 1.6 million, 1.1 million and 809,600
The NSE 20 Share
Index declined to close at 3,698.18, going down from 3,711.23
points on Tuesday. Similarly, the NSE All Share Index (NASI)
went down to 177.67 from 177.83 points.
At the bond market,
turnover increased to stand at 12 million dollars from 11
million dollars in the Tuesday session.