The higher return is attributed to the fund’s ability to employ long/short trading models which ensures capital appreciation for investors whether markets are gaining in value (going long) or losing value (going short).

As of 30th June 2019, KenGen had an installed capacity of 1,631.1MW out of which 85% was generated through green sources, mainly geothermal, wind, and solar with the balance coming from thermal sources.

Boeing Co gained after European regulators gave draft approval to its 737 MAX jets, paving the way for a formal flight clearance in January.

There were no contracts concluded during today's trading session on the derivatives market of the NSE. 

The government is doing a financial evaluation of as many as nine state companies, including Kenya Airways Plc, Kenya Power and Kenya Electricity Generating Co.