NSE 20-Share Index falls below 2,500 points as bear run deepens

Analysts expect that the bourse could slide even further after Safaricom closes its dividend books next month. FILE PHOTO | NMG

The Nairobi Securities Exchange (NSE) 20-Share Index slipped below 2,500 points Wednesday, deepening the bear run at the bourse as prices of key counters remained stuck at a decade low.

The benchmark 20-Share Index, seen as a key barometer that signals performance of the stock market, slipped to 2,488.31 points for the first time since March 2009 when the index was at 2,453 points.

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