Nairobi stock market closes 2024 with record highs, boosting investor wealth by $3.83 billion.

The Nairobi Securities Exchange ended 2024 with strong gains, with its key NSE 20 Share Index reaching 2,010.65, a first for the 2,000 mark in years. Market capitalization saw a 35% increase to 1.939 trillion shillings (14.98 billion USD), reflecting a growth of 3.83 billion USD in investor wealth. This positive performance was largely due to rising stock prices of major banks and telecom firms.

3 months ago
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