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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

Kenya’s major stocks rise to lift blue-chip index 

NAIROBI, (Xinhua) -- A number of large capitalization stocks at the Nairobi Securities Exchange (NSE) rose on Thursday to lift the 20 Share Index 17 points up.

The 20 Share Index, which lost 30.61 points to close at 3,729.34 points on Wednesday, rose 16.83 points to close at 3,746.18 points on Thursday.

Safaricom, Kengen, Britam, Kenya Airways and Barclays Bank were among large cap stocks that gained to end the negative trend after going up by between 0.5 percent and 5.3 percent.

The NSE All Share Index (NASI) was up 2.28 points to close at 180.39 points.

The most traded counters were Safaricom, KenolKobil, Co-operative, Equity Bank and Kengen, moving 14.2 million, 8.8 million, 4.9 million, 4.2 million and 2.4 million shares respectively.

Turnover stood at 13 million U.S. dollars on a volume of 44 million shares, from 36 million shares worth 11 million dollars on Wednesday.

Bond turnover fell by 17 percent to stand at 39 million dollars, down from Wednesday’s 47 million dollars.

             

 

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