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Headline : NSE posts 44 percent dollar returns in four months as equities recover

Read more from the original article on here at www.businessdailyafrica.com.





Tags : #nse #posts #44 #percent #dollar #returns #four #months #equities #recover


No. of Paragraph 27

The Nairobi Securities Exchange (NSE) posted returns of 44.43 percent in US dollar terms in the four months to April 2024, according to data from the MSCI index.

The Morgan Stanley Capital International (MSCI) index is designed to measure the performance of large and mid-cap segments of the Kenyan market.

The index covers an approximate 85 percent of the Kenyan equities landscape, with three constituents including Safaricom, Equity Group and East African Breweries Plc (EABL).

Safaricom has the largest weighting on the index at 51.1 percent, ahead of Equity at 32.1 percent and EABL at 16.81 percent.

Read more from the original article on here at www.businessdailyafrica.com.


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