Kenya's bourse key index hits 8-year low
Xinhua, January 13, 2017 Adjust font size:
Kenya's Nairobi Securities Exchange (NSE) 20 Share Index went down 33 points Thursday to close at 3,014.36, an eight-year low.
The index has lost 163 points since Monday and about 300 in two weeks as the bear-run at the bourse continued to dip stocks of blue chips.
Mobile operator, Safaricom, Equity Bank, Kenya Airways and Kenya Commercial Bank are among the top stocks that make the index, which went down Thursday by between 0.3 percent and 7 percent.
Safaricom dropped 0.3 percent losing some few cents as it moved 13 million stocks at 0.17 U.S. dollars to remain the day's top trader as in previous sessions. On Wednesday, the telecom traded 16 million shares.
Some 19 million shares worth 3.2 million dollars were traded during the session in total, down from 5.8 million dollars on a volume of 26 million shares. Endit