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NSE hits 39-month high on Safaricom and Equity
Summary
NSE data shows the market recorded the third straight day of gaining to close yesterday valued at Sh2.785 trillion.
Market capitalisation was last at this level on April 16, 2018 when it closed at Sh2.794 trillion.
Friday July 16 2021
By PATRICK ALUSHULA
Summary
NSE data shows the market recorded the third straight day of gaining to close yesterday valued at Sh2.785 trillion.
Market capitalisation was last at this level on April 16, 2018 when it closed at Sh2.794 trillion.
Investors’ wealth at the Nairobi Securities Exchange (NSE) yesterday hit a 39-month high, adding them Sh101.6 billion in the last one month on the back of a rally of Safaricom and Equity Bank stocks.
NSE hits 3-year high on bank, Safaricom stocks
Friday July 02 2021
By PATRICK ALUSHULA
Summary
Nairobi Securities Exchange (NSE) data showed that the market gained for the fifth day in a row to close trading at Sh2.7232 trillion a value last seen in April 2018.
Safaricom, Equity, KCB, East African Breweries Limited (EABL) and Cooperative Bank of Kenya which now account for 81 percent of NSE wealth added Sh191.61 billion in the days since May 19.
The value of shares traded on the Nairobi bourse yesterday hit a three-year high, buoyed by a rally in Safaricom and banking stocks that has seen investors gain Sh207.5 billion since mid-May.
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