by Bedah Mengo
NAIROBI, Oct. 26 (Xinhua) -- All the key indices of the Nairobi Securities Exchange (NSE) declined on Monday as the market began the week on a low note.
Turnover declined 76 percent, from 8.4 million U.S. dollars on a volume of 25 million shares in the previous session, to 7.2 million worth about 2 million dollars.
Kenya Commercial Bank (KCB), Equity Bank, East African Breweries Ltd, Safaricom and Scangroup accounted for 78 percent of the total turnover.
However, the most traded counters were KCB, Safaricom, Equity, Scangroup and Co-operative moving 1.5 million, 1 million, 900,000, 800,000 and 700,000 shares respectively.
The NSE 20 Share Index went down 2.86 points to close at 3,623.76. On the other hand, the NSE All Share Index (NASI) fell by 0.73 points to close at 158.52 points while the NSE 25 Share Index closed down at 4.116.47.
Foreign investors' participation stood at 57 percent, down from 80 percent in the last session, while local participation stood at 43 percent on Monday, with the country's political temperatures rising over the Oct. 26 polls.
The bond market had an improved activity, rising 92 percent, with bonds worth 15 million dollars transacted compared to 8 million posted previously. Enditem
