Stock Market

Kenyan bourse ends week higher

A rally in share prices of large stocks at the Nairobi Securities Exchange (NSE) lifted the benchmark index by 37 points, leading the week to close Friday on a high note.

The index had for the better part of the week shed off nearly 100 points as the stocks maintained a downward trend.

On Friday, the NSE 20 Share Index stood at 3,699.7, going up 36.80 points from 3,662.98.

It was lifted by leading telecom Safaricom, which went up 5.7 percent, and Britam, which rose 9 percent; Athi River Mining Cement was up 4 percent and Centum Investment was up 5.1 percent.

Safaricom was the day’s most traded stock with around 38 million shares traded, up from 27 million on Thursday. Enditem


Xinhua News Agency, Xinhuanet is an important central news service-oriented website, an important information organ of the central government, and an important platform for building up China's online international communication capacity. Established on November 7, 1997, as an online news provider of the Xinhua News Agency, it was officially named Xinhuanet on March 10, 2000 and began around-the-clock news release with leading online public opinion at home and setting a good image of China abroad as its main task.

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