NSE nears 13-month high on banking stocks surge

A man at Nairobi Securities Exchange. FILE PHOTO | NMG

Investors at the stock market have wiped out losses suffered over the last one year as share valuation rose to over 12-month highs.

Market capitalisation hit Sh2.435 trillion by close of trading yesterday, a level last seen in September last year when the value of Nairobi Securities Exchange cap stood at Sh2.44 trillion.

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