NAIROBI, Aug. 28 (Xinhua) -- At least 14 stocks that make up the Nairobi Securities Exchange (NSE) 20 Share Index went up on Monday lifting the indicator 20 points up in a session dominated by local investors.
The benchmark index closed the day at 4,089.00 as it gravitated towards the 4,100 mark and sustained upward momentum from last week.
Among the stocks that pushed up the index was Kenya's leading telecom Safaricom, which gained 1 percent to close at a new high of 0.26 U.S. dollars. However during the session, the telecom touched at an all-best price of 0.27 dollars.
Athi River Mining, Kengen, Kenya Airways and Standard Chartered Bank were other stocks that rose at between 1 percent and 4 percent.
However, Safaricom was the top traded stock after moving 4.6 million shares followed by CIC insurance at 1.8 million shares, Kenya Commercial Bank 1.2 million, NIC 1 million and Kengen 722,500 shares.
Similarly, the NSE All Share Index closed the session higher at 173.47 points up from 172.31 in the previous session.
However, equity turnover declined 46 percent to 3.7 million dollars on a volume of 13 million shares down from 26 million worth 7 million dollars in the previous session.
Foreign investors participation stood at 30 percent while local 70 percent. Enditem
