Telco enjoys strong week at Nairobi Securities Exchange

Kenya Commercial Bank was the top mover on the back of active foreign buying, going up 0.6 percent to close at 0.41 dollars.

The telco has stayed strong amid a call for a boycott of its services from the NASA political party, losing just a fraction of its value at the bourse.

The NSE 20 Share was down 0.3 percent to close the week at 3,730.15, reversing an upward trend witnessed in the last two session. On the other hand, the NSE All Share Index was up 0.4 percent to close the 163.13.

Foreign investor participation stood at 55 percent compared to Thursday's 47 percent, with the traders accounting for 65 percent of total buying and 46 percent of total selling.

East African Breweries Ltd recorded the highest net foreign outflows, going down 1.3 percent to close at 2.3 dollars.

National Bank was among the top gainers, as it rose 5.2 percent in Friday's session to close at 0.10 dollars, although at thin volumes. Athi River Mining Cement was among the top decliners, down 2.6 percent to close at 0.13 dollars.

Bond market turnover went up by 26 percent to stand at 11 million dollars from 9 million dollars in the previous session.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Referee behind chaos at AFCON was rushed to hospital after match

Referee behind chaos at AFCON was rushed to hospital after match

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Africa's richest man, Aliko Dangote, adds extra $915 million to his vast wealth in Q1 2022

Africa's richest man, Aliko Dangote, adds extra $915 million to his vast wealth in Q1 2022

Zuchu forced to apologize to fans after viral video raised eyebrows

Zuchu forced to apologize to fans after viral video raised eyebrows

Willy Paul wins against Diana Marua in court

Willy Paul wins against Diana Marua in court

KDF moves to forcibly acquire Sh 500M supermarket land in Nairobi

KDF moves to forcibly acquire Sh 500M supermarket land in Nairobi