SIB gold trading unit outperforms the Nairobi bourse

Nairobi Securities Exchange. FILE PHOTO | NMG

Rising gold prices and investments in US stock exchanges through Kenya’s first money manager at Standard Investment Bank (SIB) beat returns from the Nairobi bourse last year.

In a brief to investors, SIB said its forex and commodities trading platform made a return of 24 percent in its first full year of operations.

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Note: The results are not exact but very close to the actual.