NSE posts 44 percent dollar returns in four months as equities recover

The CMA attributes the higher returns to sovereign default risk reduction.

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The Nairobi Securities Exchange (NSE) posted returns of 44.43 percent in US dollar terms in the four months to April 2024, according to data from the MSCI index.

The Morgan Stanley Capital International (MSCI) index is designed to measure the performance of large and mid-cap segments of the Kenyan market.

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