NSE hits 39-month high on Safaricom and Equity
Investors’ wealth at the Nairobi Securities Exchange (NSE) yesterday hit a 39-month high, adding them Sh101.6 billion in the last one month on the back of a rally of Safaricom and Equity Bank stocks.
1M | 3M | YTD | 1Y | 2Y |
-4.28% | -3.18% | +18.87% | +2.15% | -7.13% |
Value Traded (Mln KES) 163.85 |
Volume 9,622,500 |
Transactions - |
Market Cap. (Bln KES) 1,624.18 |
Investors’ wealth at the Nairobi Securities Exchange (NSE) yesterday hit a 39-month high, adding them Sh101.6 billion in the last one month on the back of a rally of Safaricom and Equity Bank stocks.
EFG Hermes Kenya, the leading brokerage firm in Kenya, has launched today its online equity-trading platform, EFG Hermes One, which will see the Firm offer retail investors seamless and convenient stock trading on the Nairobi Securities Exchange (NSE). The online trading platform was launched during an event co-hosted by EFG Hermes Kenya and the NSE in the presence of Muathi Kilonzo, Head of Equities at EFG Hermes Kenya and Geoffrey Odundo, the NSE Chief Executive Officer.
The value of shares traded on the Nairobi bourse yesterday hit a three-year high, buoyed by a rally in Safaricom and banking stocks that has seen investors gain Sh207.5 billion since mid-May.
Equities and bonds turnover at the Nairobi Securities Exchange (NSE) rose sharply in May, driven by increased trading in blue-chip stocks and demand for infrastructure bonds on the fixed income segment.