Kenyan bourse key index falls below 3,700 points

stock market
stock market

The Nairobi Securities Exchange (NSE) indicative index crossed below the psychological 3,700 points on Tuesday as foreign investors sustained sales.

The NSE 20 Share Index was down 19.09 points to stand at 3,697.28 from 3,716.36 points on Monday, where it rose by six points.

Some of the stocks whose prices declined and pushed down the index were Athi River Mining Cement, Bamburi, Barclays Bank, Cooperative Bank, East African Breweries Ltd, going down by between 0.3 percent and 4 percent.

Similarly, the All Share Index (NASI) lost 0.71 points to stand at 179.96 while the NSE 25 Share index was down 8.66 points to stand at 4,701.30.

However, turnover rose to 10 million U.S. dollars from the previous session’s 6 million dollars, with the number of shares traded standing at 32 million boosted by Safaricom sales against 10 million posted Monday.

The bond market had bonds worth 22 million dollars traded. Enditem

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