NAIROBI, April 3 (Xinhua) -- Equity turnover at the Nairobi Securities Exchange (NSE) declined 65 percent on Tuesday as the market slumped after the Easter break despite high foreigners' participation.
Turnover stood at 6 million U.S. dollars on a volume of 20.3 million shares from 42 million shares worth 17 million dollars, with the session mainly dominated by telecom and bank stocks.
The day's top movers were Safaricom, Kenya Commercial Bank, Equity Bank, Cooperative Bank and Barclays Bank, which traded 9.3 million, 1.8 million, 1.4 million, 1.26 million and 1.25 million shares respectively.
Foreign investors participation stood at 84 percent while local 16 percent, with the former mainly being net buyers.
The NSE 20 Share Index declined 13.22 points to 3,832.12 from 3,845.34 points, reversing an upward trend from the last week Thursday's session.
On the other hand, the NSE All share Index (NASI) was up by 0.69 points to close at 191.92 points.
Bond turnover, similarly, declined by 65 percent to stand at 7.6 million dollars compared to 21 million dollars traded previously. Enditem
