国产丝袜在线精品丝袜|在线A毛片免费视频观|日韩精品久久久一区二区|亚洲成在人网站天堂直播|99在线精品66视频无码|亚洲欧美不卡视频在线播放|国产精品久久久久久免费一级|久久精品国产亚洲AV香蕉软件

Kenyan bourse on recovery path as foreigners flock back

Source: Xinhua| 2018-11-28 21:51:29|Editor: Shi Yinglun
Video PlayerClose

NAIROBI, Nov. 28 (Xinhua) -- The Nairobi Securities Exchange (NSE) is on a recovery path as foreign trading rises, ending a lengthy period in the past months that was characterized by their exit.

Foreign investors at the bourse are now buying more than they are selling, helping to lift all the key indices of the securities market.

Market capitalization, which measures shareholders' wealth, the NSE 20 Share Index, the NSE All Share Index, and even bond-trading are all on the rise, signaling better times for the bourse as the year nears the end.

On Tuesday, the benchmark NSE 20 Share Index stood at 2,776.86, a rise of 5.63 points from the previous session and 16.02 points since the end of last week.

On the other hand, the All Share Index rose 0.29 points on Tuesday while market capitalization ended at 21.2 trillion shillings (20.9 billion U.S. dollars) as both sustained an upward trajectory.

Bond turnover more than doubled to 16.1 million dollars, up from 8 million dollars in the previous session.

Foreign investors' participation during the period stood at 87 percent, buying as much as they sold favorite stocks that included Safaricom, Equity Bank and East African Breweries Ltd.

Analysts noted that the current performance points to the market ending the year highly, with foreigners buying shares to cash in on low prices.

Foreigners have bought shares worth over 1.96 million dollars in the last week.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001376377981