NSE hits 3-year high on bank, Safaricom stocks

nse-floor

Nairobi Securities Exchange trading floor. PHOTO | NMG

The value of shares traded on the Nairobi bourse yesterday hit a three-year high, buoyed by a rally in Safaricom and banking stocks that has seen investors gain Sh207.5 billion since mid-May.

Nairobi Securities Exchange (NSE) data showed that the market gained for the fifth day in a row to close trading at Sh2.7232 trillion—a value last seen in April 2018.

PAYE Tax Calculator

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