Equities rise to record Sh32bn on EABL deal

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The Nairobi Securities Exchange. FILE PHOTO | DIANA NGILA | NMG

The successful closing of British multinational Diageo’s Sh22.7 billion purchase of additional shares in East African Breweries Ltd (EABL) boosted the monthly equity turnover at the Nairobi bourse to a record high of Sh32.37 billion in March.

Nairobi Securities Exchange (NSE) data shows that the purchase was recorded on the market on March 21, four days after the closure of the sale window during which investors offered Diageo a total of 143.52 million shares.

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