Money Markets

Financial stocks top performers

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Trading at the NSE floor. Photo/FILE

Trading at the NSE floor. Photo/FILE 

By James Makau  (email the author)
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Posted  Thursday, September 2  2010 at  00:00

This is a latent indicator that the private sector and households are shaking off economic jitters to finance growth and rev up spending.

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A resurgence of global commodity prices, the resumption of rainfall and the trickle-down effect on the agricultural sector, a widening credit market and expectations of improved consumer demand have all pointed to better tidings for the Kenyan economy fuelling positive sentiments among investors at NSE.

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