Kenya excels among its frontier market peers

Monitoring trading at the Nairobi Securities Exchange. FILE PHOTO | NMG

Kenya had the second best performance among key frontier markets in March, analysts at Citi have said in their latest report.

Referring to the Morgan Stanley Capital International (MSCI) indices, Citi said Egypt led the group of frontier markets with 12 per cent increase against Kenya’s nearly 10 per cent.

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