Turnover at the Nairobi Securities Exchange (NSE) on Tuesday recorded a 382 percent rise to stand at 11 million U.S. dollars on a volume of 37.2 million shares from 9.4 million worth 2.3 million dollars in the previous session.
Similarly, both the key indices of the market went up, with the benchmark NSE 20 Share Index closing at 3,600.60 points from 3,594.41 while the All Share Index closed at 152.19, up from 152.12. Tuesday's trading was boosted by foreign investors who increased their trading, strengthening both purchases and sales, amid rise in prices of large stocks.
The investors during the session were net buyers, accounting for 90 percent of purchases and 82 percent sales. The foreigners' participation stood at 86 percent from 40 percent Monday.
Safaricom, Kenya's leading telecom was the most traded stock, moving 23.2 million shares at 0.23 dollars, a 1.1 percent rise.
Equity Bank came second with 4.4 million shares transacted at 0.37 dollars, which was a marginal rise of 0.7 percent.
At the third spot was Kenya Commercial Bank after moving 1.9 million shares at a high of 0.38 dollars, a 2 percent rise.
Cooperative Bank and East African Breweries Ltd closed the list of the five most traded stocks during the session by moving 1.3 million and 1 million shares respectively.
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