Arab Today, arab today investors hold onto safaricom shares as trading at nairobi bourse drops
Last Updated : GMT 11:40:20
Arab Today, arab today
Arab Today, arab today

Investors hold onto Safaricom shares as trading at Nairobi bourse drops

Arab Today, arab today

Arab Today, arab today Investors hold onto Safaricom shares as trading at Nairobi bourse drops

Nairobi Securities Exchange
Nairobi - XINHUA

Expectations that Kenya's leading telecom Safaricom will rise to a new high at the Nairobi Securities Exchange (NSE) following its declaration of 380 million U.S. dollars full-year profit saw investors hold onto their shares Friday as overall trading fell.

Safaricom, usually the top mover, traded a paltry 746,600 shares, down from 1.1 million Thursday.

Its share price stood at slightly above 0.17 dollars Friday, which was 7 percent higher than a higher ago, an indication that the share might surpass its personal best of 0.18 dollars, making investors reap big.

Kenya Commercial Bank (KCB) Group was the top mover at the bourse Friday, with the firm trading 3.6 million shares at unchanged price of 0.41 dollars.

Equity Bank came third, moving 1.23 million shares at 0.40 dollars, a rise from 244,000 shares Thursday.

KCB, Equity Bank, East African Breweries Limited, Jubi¬lee and Safaricom accounted for 85 percent of the day's total turnover.

The NSE 20 Share Index was up 0.11 percent to close at 3,927.69, a high of 0.11 points in the five trading days.

The All Share Index (NASI) was up 0.18 percent to close the week at 146, while the NSE 25 Share Index was up 0.10 points to settle at 4,226.05.

Bond turnover was down 74 percent to close at 3 million dollars.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today investors hold onto safaricom shares as trading at nairobi bourse drops Arab Today, arab today investors hold onto safaricom shares as trading at nairobi bourse drops

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today investors hold onto safaricom shares as trading at nairobi bourse drops Arab Today, arab today investors hold onto safaricom shares as trading at nairobi bourse drops

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday