by Bedah Mengo
NAIROBI, Sept. 21 (Xinhua) -- Kenya's Nairobi Securities Exchange (NSE) turnover on Thursday rose 71 percent to 5.4 million U.S. dollars on a volume of 14 million shares, up from 12 million worth 3.2 million dollars in the session a day before, boosted by increased local investors' trading.
The investors' participation stood at 52 percent as foreigners accounted for 48 percent of trading, with 66 percent of it being sales.
Safaricom, Kenya's leading telecom, was the top mover, trading 3.7 million shares at 0.25 dollars representing 17 percent of the day's traded value.
The banking sector accounted for 34 percent of the day's traded value. Kenya Commercial Bank moved 2.5 million shares at 0.42 dollars to emerge the second top mover.
Scangroup, in the commercial and services sector, traded 2 million shares at 0.42 dollars as Equity Bank and Kengen closed the list of the top traded stocks.
ARM cement was among the top decliners, going down 5 percent in Wednesday's session to close at a 12-month low of 0.12 dollars.
The NSE 20 Share Index was down 6.60 points to stand at 3,777.09 while the All Share Index (NASI) edged up 1.24 points to close at 166.02. The NSE 25 Share Index was up 18.28 points to stand at 4,329.00. Enditem
