Kenya ranked lowest in stock market returns

Kenya’s stock market has the lowest returns above those available on risk-free government securities when compared to 15 other frontier and emerging markets. FILE PHOTO | NMG

Kenya’s stock market has the lowest returns above those available on risk-free government securities when compared to 15 other frontier and emerging markets.

An analysis by investment bank EFG Hermes shows that investors on the Nairobi Securities Exchange (NSE) #ticker:NSE stand to earn average annual returns of 12 percent, a mere 2.2 percentage points above the interest rate on the 12-month T-bill.

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