NSE closes above Sh3trn milestone for first time

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Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. 

Photo credit: File | Nation Media Group

The market value of the Nairobi Securities Exchange (NSE) closed above Sh3 trillion for the first time in the wake of a remarkable rally that began last year and was then turbocharged by Safaricom’s profit announcement on Thursday.

The value of all stocks at the Nairobi bourse rose to Sh3.044 trillion at the close of trading yesterday, up from Sh2.991 trillion on Wednesday.

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