Nairobi bourse investors book billions as bear run ends

Shareholders at the KenGen annual general meeting in Nairobi on November 22, 2017. FILE PHOTO | DIANA NGILA | NMG

Investors holding bank and telecommunication (Safaricom) #ticker:SCOM shares at the stock market had the biggest cheer at the end of last year as these segments returned a double-digit growth to earn them additional billions in paper wealth.

The full year 2017 market statistics compiled by the Nairobi Securities Exchange (NSE) and Standard Investment Bank (SIB) also show that foreign investors were keen to cash in on the higher share prices.

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