Kenyan bourse ends week higher

stock market
stock market

A rally in share prices of large stocks at the Nairobi Securities Exchange (NSE) lifted the benchmark index by 37 points, leading the week to close Friday on a high note.

The index had for the better part of the week shed off nearly 100 points as the stocks maintained a downward trend.

On Friday, the NSE 20 Share Index stood at 3,699.7, going up 36.80 points from 3,662.98.

It was lifted by leading telecom Safaricom, which went up 5.7 percent, and Britam, which rose 9 percent; Athi River Mining Cement was up 4 percent and Centum Investment was up 5.1 percent.

Safaricom was the day’s most traded stock with around 38 million shares traded, up from 27 million on Thursday. Enditem

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