NAIROBI Tim Howard USA Jersey , Sept. 25 (Xinhua) -- Nairobi Securities Exchange (NSE)performed poorly on Monday as turnover remained low, with foreigninvestors keeping off the market.
The foreigners' participation in Monday's session stood at 36percent, down from 43 percent on Friday.
A total of 11 million shares worth 2.5 million U.S. dollars weretraded, a slight rise from 10 million valued at 2.1 million dollarsin previous session.
Safaricom, Equity Bank, Kenya Commercial Bank Sebastian Lletget USA Jersey , I&M Bank andBritam accounted for 89 percent of the day's total turnover.
The most traded counters were Safaricom, Kenya Airways, KenyaPower, Home Afrika and Britam moving 6.9 million, 500,000 Sacha Kljestan USA Jersey , 400,000,400,000 and 300,0000 shares respectively.
Safaricom's trading represented 70 percent of the day's tradedvalue, with the sector followed by the banking sector whichaccounted for 1 percent of the total turnover.
The NSE 20 Share Index was down 14.09 points to close at3 Paul Arriola USA Jersey ,750.35 points while the NSE All Share Index (NASI) was down by0.19 points to close at 165.72 points. The NSE 25 Share Index wasdown 4.42 points to stand at 4335.54.
The bond market had securities worth 20 million dollarstransacted, a slight decline from 22 million dollars moved inprevious session. Enditem
The guidelines released by five industry associations are aimed at guiding entertainment companies to reasonably manage TV dramas and optimize the distribution of fees for a positive cycle of inputs and outputs in the industry.
China's rapidly-developing film and TV industry has produced many outstanding works but has also given unreasonably high fees to some actors which has led to an imbalance in the distribution of income and affected the overall quality of TV series, according to the guidelines published on the website of the China Netcasting Service Association on Friday.
The guidelines said that if total fees for actors of a TV drama exceed the limit, the company has to inform the related association and explain the reasons.
The guidelines take effect on Friday.
Lu Di, a professor at Peking University's School of Journalism and Communication, told the Global Times that he supports the guidelines because the "absurdly" high pay for some actors has greatly affected the sound development of the TV industry.
"Aside from setting a cap on the main actors' fees Omar Gonzalez USA Jersey , the authorities and companies should also increase the fees for screenplay writers. Only those who write good stories for dramas could boost the sound development of China's TV and film industry," Lu said.
A ranking of Chinese stars based on their income was released by news sites Jiemian and Toutiao in May.
Fan Bingbing topped the list in 2016 with an annual income of 244 million yuan ($35.42 million).
Wholesale Handbags: The Newest in Designer Fashion Published: 14.07.2009 | Author: kittyhill | Category: Beauty
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