Business Daily·4 min read·hard
NSE posts 19pc dollar returns in half year
C
Charles Mwaniki
✦AI Summary
Investors in the Nairobi Securities Exchange (NSE) saw an 18.8 percent return in dollar terms during the first half of the year, bolstered by a stable shilling and strong performance from blue-chip stocks. The market reached a record high capitalization of Sh3.76 trillion by the end of June.
Dollar investors in blue chip stocks at the Nairobi Securities Exchange (NSE) earned a return of 18.8 percent in the first half of the year, nearly matching local currency returns as a stable shilling protected their portfolios from currency losses.
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