The Kenyan market was down today (Thursday) with the Nairobi Securities Exchange All-Share Index (NASI) closing 1.9% lower to 238.10 points.

According too NCBA Research, shares traded rose 25% to 20 million, while equity turnover increased 75% to Ksh889 million.

Safaricom led in volume, moving 6.6 million shares, while KCB led in value worth Ksh301 million.

Foreign participation stood at 41%, even as net foreign sells hit Ksh506 million n, mainly on KCB, Safaricom and Equity.

TPS Eastern Africa (+6.1%), Sasini and Umeme were the top gainers, Longhorn (-8.7%), Uchumi and Nation Media were the biggest losers.

“The NSE pull back this week has presented some fresh buying opportunities,” said Gichuki Kahome, a trader at NSE.

He recommends Equity whose stocks currently trading at Ksh 99, KPLC at Ksh 22, Car & General at Ksh 271, KCB at Ksh 86 and Safaricom at Ksh 34.50.