Stock market gains Sh32bn amid tight presidential race

Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG

The stock market reopened Wednesday after the General Election holiday with a gain of Sh31.8 billion as preliminary results showed a tight race between opposition leader Raila Odinga and Deputy President William Ruto.

Twenty-four of the 63 listed stocks recorded gains on Wednesday while seven counters shed value as local investors continued to snap low-priced shares.

PAYE Tax Calculator

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