The Nairobi Securities Exchange (NSE) is eyeing a boost in foreign investor participation following the inclusion of five more Kenyan listed companies in Morgan Stanley Capital International’s (MSCI) frontier market indices.
MSCI said that Co-operative Bank of Kenya will be added to its frontier markets index, joining Safaricom, Equity Group, East African Breweries Plc (EABL) and KCB Group. It has also added BAT Kenya, KenGen, Kenya Re and DTB Group to its frontier markets small cap index.
