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Nairobi; Kenya: For the third consecutive week, the NSE 20 index closed the week 0.2 per cent lower. Failing to build up on last week’s marginal 0.5 per cent gain, the NASI was down 0.7 per cent. Equity turnover was up 25 per cent to $69.1m, driven by increased activity on KCB and Diamond Trust Bank (DTB).
Foreign investor participation broadly remained unchanged having stood at 51.8 per cent. Foreign net outflows were at $2.7m (Sh240 million), compared to inflows of $209,000 (Sh18. 5 million) recorded last week. KCB recorded the highest net inflows of $940,000 (Sh87 million) while Equity Bank had the highest net outflows of $3.5m (Sh315 million).
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