NAIROBI, Nov. 23 (Xinhua) -- Trading at the Nairobi Securities Exchange (NSE) slowed down on Thursday as all the market's indicators dipped in a session dominated by local investors.
Equity turnover stood at 8.3 million U.S. dollars on a volume of 34 million down from 35 million worth 10 million dollars.
The indicative NSE 20 Share Index was down 12.69 points to close at 3,826.76, reversing a positive trend that had seen it hit 3,839.46 on Wednesday. Similarly, the NSE All share Index (NASI) was down 4.27 points to close at 167.90 points.
Safaricom, Kenya Re, KenolKobil, Kenya Commercial Bank (KCB) and East African Breweries Ltd (EABL) accounted for 86 percent of the total turnover.
The most traded counters were Safaricom, Kenya Re, Kenol, Cooperative Bank and KCB moving 16.3 million, 6.1 million, 4.8 million, 1.2 million and 1.1 million shares respectively.
Foreign investors' participation stood at 48 percent, down from 52 the previous session while local participation stood at 52 percent.
The foreigners dominated buying (58 percent), with Safaricom recording the highest net foreign inflows but closed 5.4 percent lower at 0.26 dollars.
Local investors, on the other hand, dominated trading with a net selling position of 63 percent and buying 42 percent.
At the bond market, turnover went down by 12 percent to stand at 2 billion from 23 billion dollars in previous session.
