NSE outperforms its peer African bourses

nse-floor

Nairobi Securities Exchange trading floor. PHOTO | NMG

The Nairobi Securities Exchange #ticker:NSE (NSE) is outperforming peer bourses in Africa this year, boosted by higher share prices among selected blue chip firms.

The NSE All Share Index has a year-to-date gain of 6.6 per cent, putting it ahead of fellow exchanges in Egypt, Nigeria, Morocco, Tunisia, which together with the NSE are considered to be in the second tier in Africa, behind South Africa’s Johannesburg Stock Exchange which is the only one classified as tier one.

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