(Xinhua) -- Equity turnover at the Nairobi Securities Exchange (NSE) rose 188 percent Friday, boosted by robust trading of Safaricom.
The leading telecom bounced back to the top slot, trading 42 million shares at 0.22 U.S. dollars, a 2.3 percent rise as the bourse transacted 59 million shares worth 12 million dollars.
Thursday, the telecom moved a paltry 2.9 million shares, pushing down the securities market turnover to 23 million shares worth 4.2 million dollars.
At the second slot was KenolKobil with 7.7 million shares after going down to 0.12dollars, a drop of 1.6 percent.
Flame Tree Group was third with 1.6 million shares at a price of 0.05 dollars, a rise of 6 percent, while Kenya Commercial Bank moved 1.5 million shares to clock the fourth position. Home Afrika came fifth with 1.1 million shares.
Foreign investor participation rose to 52 percent from 32.7 percent, with buys going up 618 percent and sales 593 percent. The foreigners mainly traded Safaricom, KenolKobil, Equity Bank and Nation Media.
The NSE 20 Share index went down Friday to stand at 3,468.68, from 3,474.78, reversing an upward turn.
At the secondary bond market, turnover went up to 29 million dollars from 20 million dollars in the previous session.
