As the ICC confirmation were made yesterday, it was anticipated that the markets will be affect or feel the impact of such an event. However Nairobi Stock Exchange seems to have passed the test with the NSE 20 Share Index dipped 0.42% in yesterday’s trading to close at 3 ,171.63 points.
All the other three benchmark closed lower than last week’s closes as stock prices dipped particularly towards the end of the day’s trading session. Buyers remain active in light of the low prices across the board.
Equity turnover declined to Kes.126.1Mn from Kes.417.6 at the close of the previous trading session with a total of 23.8Mn shares traded.
Foreign investor activity declined but remained above comfortably above half of the day’s total activity (54.46%) with Safaricom Ltd (NSE: SCOM) and Equity Bank Ltd (NSE: EQTY) continuing their dominance.
Photo Courtesy of Daily Nation
Content Courtesy of Genghis Capital
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