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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

Kenyan bourse starts week high with increased trading 

NAIROBI (Xinhua) -- Nairobi Securities Exchange (NSE) started the week on a high on Monday as turnover surged boosted by the sale of oil marketer KenolKobil.

Turnover stood at 13 million U.S. dollars on a volume of 66 million shares from 21 million worth 8 million dollars on Friday.

KenolKobil traded some 31 million shares at a declined price of 0.15 dollar to top the list of the most traded stocks.

Safaricom, Kenya’s leading telecom, came second with 15 million shares traded after falling 0.84 percent to trade at 0.28 dollars.

The NSE 20 Share Index went down to stand at 3,704.02 from 3,710.97 last Friday mainly because of the slight drop in share prices of Safaricom and KenolKobil.

On the other hand, the NSE All Share Index (NASI) was up slightly to close at 180.84 from 180.78 points while the NSE 25 closed at a high of 4,510.28 from 4,508.45.

             

 

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