The Nairobi All Share had rallied +14.657% in 2014 and through yesterday morning finally met a round of profit taking and throttled back 0.542% to close at 155.83. The Nairobi NSE20 while drifting 10.86 points lower to close at 5011.51 kept its nose in front of the 5,000 level for the third consecutive session(the previous time it was above 5,000 was January 29 this year). Equity turnover surged to Sh1.496bn with some high volume sell side action. Evidently locals were on the sell side with foreigners emerging at the buy side which has been a trend since this bull market began in 2012...
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