NSE hits 39-month high on Safaricom and Equity

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Nairobi Securities Exchange trading floor. PHOTO | NMG

Investors’ wealth at the Nairobi Securities Exchange (NSE) yesterday hit a 39-month high, adding them Sh101.6 billion in the last one month on the back of a rally of Safaricom and Equity Bank stocks.

NSE data shows the market recorded the third straight day of gaining to close yesterday valued at Sh2.785 trillion. Market capitalisation was last at this level on April 16, 2018 when it closed at Sh2.794 trillion.

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