The Nairobi Securities Exchange. [photo/African Market. ]
The Nairobi security exchange defied the Thursday's presidential election that was boycotted by the NASA coalition to record a positive increase in the sales of its shares.
According to the NSE's readings on Friday, the three share indices posted an increase with the All-share going up by 1.28 points to hit 159.39 as compared to 158.11 points recorded earlier in the week before the bourse went for election recess.
The NSE was on earlier this week ranked as the worst performer in the world by the MSCI index frontier market due to the continuous five week red readings on its benchmark indices.
However, with the latest news, the investors who were uncertain about the countries aftermath of the presidential election will reconsider their decisions on investments.
The financial analysts have also warned the investors asking them to watch out on the countries reaction to the concluded just presidential election before they begin investing.