NSE shares up Sh50bn as markets react to ruling

Jubilee supporters in Eldoret celebrate Supreme Court’s Monday ruling that upheld President Uhuru Kenyatta’s repeat poll win. PHOTO | JARED NYATAYA | NMG

The value of shares at the Nairobi Securities Exchange (NSE) jumped Sh50 billion Tuesday as markets continued to react to the Supreme Court decision upholding President Uhuru Kenyatta’s win in last month’s repeat election.

The shilling also gained for a second day running in what traders attributed to reduced uncertainty over the political situation in the country that has plagued markets for most of the second half of this year.

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