NSE hits 34-month high on Safaricom, banks

nse-floor

Nairobi Securities Exchange trading floor. PHOTO | NMG

The value of investor wealth on the Nairobi Securities Exchange (NSE) hit a 34-month high of Sh2.62 trillion Thursday, lifted by a rally of the share prices of Safaricom #ticker:SCOM, East African Breweries #ticker:EABL (EABL) and banks.

The Thursday upturn saw investors Sh197 billion richer compared to a month ago when the market closed at Sh2.423 trillion on strong support from the KCB #ticker:KCB, Cooperative Bank #ticker:COOP and Equity #ticker:EQTY counters.

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