NAIROBI, Sept. 28 (Xinhua) -- Nairobi Securities Exchange (NSE) benchmark index declined as the indicator continued on a negative path on Thursday.
The 20 Share Index has been on a downward trend since Monday as several large stocks, including leading telecom Safaricom, go down.
On Thursday, the index dropped 13 points to settle at 3,716.72 as share prices of Safaricom, KenolKobil, Barclays Bank and Kenya Power declined.
On Wednesday, the index dropped 3.2 points, on Tuesday, 17.31 points and on Monday 14.09 points. Safaricom was the most traded stock during the session but transacted a paltry 4.7 million shares at 0.24 U.S. dollars, a drop of 2 percent.
The rest of the shares did not transact more than a million shares with the Kenya Commercial Bank coming in second at 918,300 at a declined price of 0.41 dollars.
Foreign investors' participation stood at 54 percent, a rise from the previous day's 46 percent as turnover declined 53 percent to 2.3 million dollars on a volume of 11 million shares. Enditem
