NAIROBI, (Xinhua) --
The Nairobi Securities Exchange (NSE) turnover
went down on Wednesday in a session foreign investors reduced
participation to less than 50 percent.
21 percent to 3.3 million U.S. dollars from 12 million shares
down from 13.2 million worth 4.1 million dollars.
The NSE 20 Share
Index was down 5.12 points to close at 3,285.27 points pulled
down by declining large stocks.
On the other hand,
the NSE All Share Index (NASI) was up 0.92 points to close at
173.14 points while the NSE 25 was up 26.15 points to close at
Safaricom moved 2.2
million shares to account for 20 percent of the day’s traded
value while the banking sector transacted the most shares which
accounted for 58 percent of the day’s turnover.
Bank (KCB) was the top mover under the sector. Foreign investors
represented 45 percent of total turnover with the traders being
net sellers of KCB and Safaricom.
The bond market
registered an improved activity with bonds worth 28 million
transacted compared to 15 million dollars posted Tuesday.