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Local investors boost Nairobi bourse trading

Xinhua, April 6, 2017 Adjust font size:

Turnover at the Nairobi Securities Exchange (NSE) on Thursday rose to 7.1 million U.S. dollars from the previous session's 3.4 million boosted by local investors.

The investors' participation stood at 54 percent from 25 percent on Wednesday while foreign investors input shrunk to 46 percent from 75 percent.

Kenya Commercial Bank (KCB) was the day's biggest mover with 14 million shares changing hands at 0.34 dollars.

KenolKobil and Kengen, in the energy sector, came in second and third after moving actively 8 million shares valued at 0.12 dollars and 4.3 million shares at 0.06 dollars respectively.

The NSE 20 Share Index was up 0.07 points to stand at 3,101.19 while the All Share Index (NASI) ended 1.31 points higher to stand 132.63. On the other hand, the NSE 25 Share Index gained 34.25 points to stand at 3,524.12.

The bond market witnessed reduced activity with bonds worth 15 million dollars transacted compared to 25 million posted the previous session. Endit