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Investors snap up cheap NSE stocks in Sh192bn week rally

Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG

By  OTIATO GUGUYU

The Nairobi Securities Exchange (NSE) has turned bullish, lining the pockets of investors with a Sh192 billion jump in paper wealth in just one week as investors snapped up falling stocks.

Market capitalization has risen back above Sh2 trillion, following a month-long dip below the psychological mark when stock market prices retreated on a capital flight to safe havens abroad.

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