by Bedah Mengo
NAIROBI, Sept. 20 (Xinhua) -- Trading at the Nairobi Securities Exchange (NSE) went down 44 percent as investors kept off the market following jitters over the full Supreme Court ruling on presidential petition delivered Wednesday.
Turnover stood at 3.3 million U.S. dollars on a volume of 12 million shares, down from 22 million shares worth 5.8 million dollars on Tuesday.
Foreign investors' participation during the session stood at 52 percent from 60 percent on Tuesday as the traders remained net sellers.
Safaricom was the top traded stock, moving a total of 7.3 million shares at 0.25 dollars, a 1-percent rise. On Tuesday, the telecom moved 12.4 million shares.
The rest of the stocks did not move more than 1 million shares. Following Safaricom was investment firm ICDC which moved 817,200 shares.
Kenya Commercial Bank, which traded a paltry 702,100 shares at an improved price of 0.42 dollars, came third.
The NSE 20 Share Index declined to 3,783.69 from 3,784.91 while the NSE 25 Share Index added few points to stand at 164.78 from 163.94. Enditem
