Foreign Investors Assume Net Selling Position as Turnover Edges Up

Foreign investors assumed a net selling position at the NSE during the session on Thursday by accounting for 56.2 percent of total market sales and 37.8 percent of total market purchases.

The market turnover at the bourse was up 8.3 percent to USD 9.80 million or an equivalent to 992.7 million shillings from Wednesday’s trading.

The NSE 20 and NASI declined 0.56 percent and 0.49 percent to close at 3,719.86 and 181.27 respectively.

Kenyan Shilling Performance

Against the US Dollar, the Kenyan Shilling strengthened 0.01 percent from Wednesday’s level to 101.29.

Against the Sterling Pound, the Kenyan Shilling strengthened 0.31 percent from Wednesday’s level to 140.45.

Against the Euro, the Kenya Shilling weakened 0.06 percent from Wednesday’s level to 125.77.