Resurgent NSE large caps beat other African markets

An investor monitors trading at the NSE. FILE PHOTO | NMG

The index of the Nairobi Securities Exchange (NSE)’s #ticker:NSE 15 largest counters by market capitalisation offered investors the best returns among African bourses in May, outperforming alternative investments such as fixed income in the period.

Market data compiled by African Alliance shows that the FTSE NSE Kenya 15 Index had a return of 13.4 per cent in May, standing at 183.7 points.

PAYE Tax Calculator

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