NSE hits 34-month high on Safaricom, banks

nairobi securities exchange bourse
[Image source: Riccardo Gangale | Bloomberg]


Business Daily | by Patrick Alushula


The value of investor wealth on the Nairobi Securities Exchange (NSE) hit a 34-month high of Sh2.62 trillion Thursday, lifted by a rally of the share prices of Safaricom, East African Breweries (EABL) and banks.

The Thursday upturn saw investors Sh197 billion richer compared to a month ago when the market closed at Sh2.423 trillion on strong support from the KCB, Cooperative Bank and Equity counters…

Read more…

nairobi securities exchange bourse
[Image source: Riccardo Gangale/ Bloomberg]

LEAVE A REPLY

Please enter your comment!
Please enter your name here