Investor wealth at the Nairobi Securities Exchange (NSE) #ticker:NSE has crossed the Sh2 trillion mark for the first time in six months, driven by gains in large bank stocks and Safaricom #ticker:SCOM in the past week.
The NSE opened the week with a valuation of Sh2 trillion — though it retreated slightly to Sh1.99 trillion yesterday — having gone up by Sh40 billion in a week. This is the highest market cap level since the end of November 2016.