NSE gains Sh70 billion as political temperature cools

The stock market thrives on economic stability. FILE PHOTO | NMG

The Nairobi Securities Exchange (NSE) rallied to a three-month high in a week of relative calm that followed the Supreme Court’s Monday decision to confirm Uhuru Kenyatta as the winner of the October 26 repeat presidential election.

Market data showed that total investor wealth or market capitalisation increased Sh70 billion as investors rushed in to take positions after months of political turmoil.

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