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NSE valuation nears Sh3trn milestone as shares surge
The NSE has posted a return of 54.2 percent since the start of the year, beating other asset classes such as bonds, real estate and fixed bank deposits.
Investors seeking higher returns have piled into the Nairobi Securities Exchange (NSE), leaving the bourse on the verge of hitting a Sh3 trillion market capitalisation for the first time in history.
The Nairobi bourse on Wednesday closed at Sh2.991 trillion, up from Sh2.473 trillion in mid-July—offering investors a return of half a trillion shillings in the period under review.
