stock market
stock market

Kenyan large stocks declined on Tuesday sharply pushing down the Nairobi Securities Exchange (NSE) key index as a bear run hit the shares.

The NSE 20 Share Index went down 32.07 points to hit a low of 3,445.01 on Tuesday, down from 3477.08. The index has been on fast decline as foreigners exited some large stocks.

The indicator was pulled down by Athi River Mining Cement (10 percent), British American Tobacco (2.4 percent), Kenol Kobil (5.5 percent), and Kenya Airways (3.5 percent).

However, the NSE All Share Index went up to close at 178.14 from 177.72 while the 25 share index rose to stand at 4,607.33 from 4605.58.

The top traded stocks were Carbacid which moved 8.9 million shares, followed by Safaricom 7.8 million, Kenya Power 3.8 million, Cooperative 3.2 million and Kenya Commercial Bank 1.1 million shares. Enditem

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