Uneasy US-Iran truce adds Nairobi bourse Sh101bn

Author: Charles MwanikiPublished on: April 9, 2026Country: Kenya

Business & Economy

Uneasy US-Iran truce adds Nairobi bourse Sh101bn

Kenya's stock market added Sh101.8 billion in two days following news of a tentative ceasefire in the US-Iran conflict. The Nairobi Securities Exchange saw a market capitalization increase of Sh76.1 billion on Wednesday and Sh25.7 billion on Thursday, led by firms like Safaricom and Equity Group. Despite significant sell-offs in March, the ceasefire news helped reverse some losses, although foreign investors continued to sell.

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