The Nairobi Securities Exchange (NSE) added Sh95.53 billion in investor wealth on Tuesday, its biggest single-day gain in 18 months, as blue-chip firms led by Safaricom continued their recent price rally on local investor demand.
The NSE’s market capitalisation stood at Sh1.831 trillion at the close of trading, the highest since October 3, 2023. The last time the market rose by such a daily margin was on September 6, 2022 (Sh102.7 billion), the day after the Supreme Court ruled to uphold President William Ruto’s win in the 2022 General Election.
