Kenya: Trading Improves At the NSE

Nairobi — Stock Market provided by the Central Bank of Kenya, Market Capitalization that measures shareholders' wealth declined by $51 million (Ksh 4.29 billion) to close at $12.4 million (Ksh 1,045.50 billion).

The number of shares traded also increased to 114.14 million shares from 92.57 million shares the previous week.

Telecommunications & Technology sector was the most active sector transacting 43.66 million shares or 38.20 percent. Banking and Energy & Petroleum sectors came second and third, trading 41.19 million shares or 36.1 percent and 9.84 million shares or 8.6 percent respectively.

Safaricom, Equity Bank and Housing Finance Ltd were the three most active counters with 43.45 million, 24.32 million and 10.34 million shares traded, respectively. Automobile and Accessories sector was least active, trading 152,600 shares.

Report-Kenya

The Kenyan stock market closed Thursday with positive performance in most of the indicators. The NSE 20 Share Index, equity turnover and number of shares recorded gains while the market

Capitalization, NASI and all the FTSE NSE Kenya Indices recorded losses in the week.

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