Kenyan bourse turnover up amid stifled trading

Source: Xinhua| 2018-08-08 00:44:40|Editor: huaxia
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NAIROBI, Aug. 7 (Xinhua) -- Some 15 million shares valued at 3.9 million U.S. dollars were traded at the Nairobi Securities Exchange (NSE) on Tuesday, up from 7.6 million worth 2.2 million dollars as trading remained low.

The NSE 20 Share Index was down 3.05 points to stand at 3,290.04 while the All Share Index (NASI) went up 0.24 points to stand at 171.00. On the other hand, the NSE 25 Share Index picked up 11.49 points to stand at 4,469.01.

Safaricom, Kenya's leading telecom, actively moved 5.2 million shares that represented 37 percent of the day's traded value.

The banking sector accounted for 30 percent of the day's traded value, with Equity Bank coming top in the category with 1.5 million shares.

The insurance sector traded shares that represented 4.9 percent the day's traded value as CIC Insurance, under the counter, exchanged 3.6 million shares to end up the second top traded stock. At the bond market, securities worth 15 million dollars were transacted. Enditem

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