NAIROBI, Nov. 10 (Xinhua) -- Turnover at the Nairobi Securities Exchange (NSE) ended the week on a high on Friday, rising 224 percent, as local investors dominated trading.
However, the market's benchmark index sustained its downward trend ending the week at a new low of 3,752.15 points, 10 points down, amid decline of large stocks.
A total of 17.4 million shares worth 5 million U.S. dollars were traded during the session from the previous day's 7.3 million worth 1.6 million dollars.
Safaricom, NIC Bank, East African Breweries Ltd, Kenya Commercial Bank (KCB) and Diamond Trust Bank accounting for 80 percent of the total turnover.
However, the most traded counters were Safaricom, Kengen, NIC, Fahari and KCB moving 8 million, 2.4 million, 2 million, 1.1 million and 1 million shares respectively.
Safaricom was the top mover on the back of active foreign selling, going down 1 percent in the Friday's session to close at 0.23 dollars.
Foreign participation during the session declined to 40 percent and local participation rose to 60 percent, with the foreigners remaining net sellers of Safaricom.
Safaricom is facing turbulence at the bourse following a call for boycott of its products by the Opposition National Super Alliance after accusing it of aiding electoral fraud.
Bond turnover went down by 16 percent to stand at 22 million dollars down from 26 million dollars on Thursday.
