The NSE 20 Index that tracks the performance of top 20 counters at the Nairobi bourse slid to a new year low to close the week at 2663.45 having shed a whopping 119.16 points. "The NASI, NSE 25 and NSE 20 share price indices as well as market capitalization declined by 6.11, 7.61, 4.28 and 6.13 percent, respectively,’’ CBK said. The bourse in general lost Sh800 billion in market capitalization to close the year at Sh2.1 trillion from a high of 2.9 trillion. The volume of shares traded during the quarter under review also increased by 6.59 per cent to 1.61 billion compared to 1.57 billion shares in Q4 2018. Other composite indicators such as the NSE All Share and NSE 20-Shares index similarly recorded increases of 0.46 per cent and 12.72 per cent closing the quarter at 157.66 points and 2,846.99 points respectively.

Source: The Star May 19, 2019 10:52 UTC