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Foreigners Assume Net Buying As Turnover Spikes By 115.87%

BY Soko Directory Team · November 30, 2019 12:11 pm

Foreign investors at the Nairobi Securities Exchange (NSE) assumed a net buying position during the session on Friday according to a brief from Dyer & Blair Investment Bank.

Foreign investors on Friday accounted for 65.04 percent of total market purchases and 51.54 percent of all the market sales.

During the sessions, the total equity turnover rose by 115.87 percent to close the day at USD 10.93 million, an equivalent to 1.12 billion shillings compared to a turnover of USD 5.06 million, an equivalent to 520 million shillings.

The NSE 20 and NASI indices edged up by 0.15 and 0.87 percent to close the day at 2,618.62 and 157.93 respectively.

How The Shilling Performed On Friday

USD | KES: KES weakened 0.26 percent to close at 102.81 (-0.94 percent year-to-date).

GBP | KES: KES weakened 0.57 percent to close at 132.82 (-2.95 percent year-to-date).

EUR | KES: KES weakened 0.29 percent to close at 113.18 (+2.81 percent year-to-date).

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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