NAIROBI, Aug. 15 (Xinhua) -- Trading at Nairobi Securities Exchange (NSE) on Monday went down 49 percent as the bear-run at the bourse hit harder the banking and telecommunication sectors.
Some 11 million shares valued at over 2.6 million dollars were traded from 5.2 million dollars on a volume of 18 million shares posted last Friday.
Kenya's leading telecom Safaricom, normally the top mover, traded a paltry 1.3 million shares at 0.20 U.S. dollars, down from 1.5 million shares at the same price last Friday.
The banking sector, similarly, continued to take a beating trading only 1.7 million shares in total.
Under the category, Kenya Commercial Bank Group was unchanged at 0.32 dollars and moved 664,000 shares.
Equity Bank, on the other hand, moved 639,000 shares at 0.39 dollars while Cooperative Bank traded 270,000 shares at 0.14 dollars.
Scangroup, in the commercial and services sector, was the top mover thanks to foreign buys, trading 6.4 million shares at 0.16 dollars, which accounted for over 56 percent of the day's traded volume.
The energy category also registered declined activity, moving 630,000 shares. Under the category, KenolKobil traded 540,000 shares at 0.11 dollars.
The NSE 20 Share Index shed 3.84 points to settle at 3,445.60, the All Share Index ended 0.54 points higher to stand at 144.40 while the NSE 25 Share Index was up 4.21 points to stand at 3,929.79.
The bond market recorded declined transactions that stood at 11 million dollars, down from 12 million dollars last Friday.
