NAIROBI, July 25 (Xinhua) -- Nairobi Securities Exchange (NSE) turnover rose 209 percent on Tuesday to 12 million U.S. dollars on a volume of 43 million shares from 14 million shares worth 4 million dollars posted in the previous session, lifted by foreign investors' trading of Safaricom.
Safaricom, Kenya's leading telecom has performed poorly in the last three trading session keeping the market's turnover lower.
On Tuesday, however, the telecom traded 18.1 million shares at 0.23 dollars, an increase of 1.1 percent, a significant rise from Monday's 2.9 million shares.
NIC Bank was the second top traded stock after moving 4.5 million shares at 0.33 dollars, an increase of 3 percent.
Scangroup followed with 3 million shares at unchanged price of 0.2 while dollars while Barclays Bank came fourth with 2.2 million shares at 0.09 dollars, a 1 percent increase.
Kenya Power moved 2.1 million shares at 0.08 dollars to close the list of the most traded stocks during the session.
NSE 20 share index continued with an upward trajectory Tuesday, gaining 17 points to stand at 3,729.81.
At the bond market, turnover dropped to 9 million dollars, with foreign investors' participation at the bourse dropping to 57 percent from 70 percent in the previous session. Enditem
