The Nairobi Securities exchange (NSE) was on the gaining streak this week as investors continued to roam the bourse, following growing positive sentiments on the recovery of the global economy this year from last year’s impact of the corona virus. Investors were keen to see how foreign markets would react to news of United States President Joe Biden, signing into law the The American Rescue Plan Act of 2021, a whooping $1.9 trillion economic stimulus bill.
The benchmark NSE All share index (NASI) added 0.41 points or 0.25% to close the trading week at 162.08 points. This represented a 1-week gain of 0.25%, a one month loss of 1.18 but an overall year-to-date gain of 6.55%. The NSE 20 share index and the NSE 25 share index were similarly on the positive edge, adding 18.35 points or 0.95% and 30.72 points or 0.86% to close the week at 1,923.04 and 3,617.79 respectively.
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