NSE Investor Wealth Jumps by 1 Trillion Under Mwiti’s Watch
The NSE market cap rose to KSh2.678T as the All Share Index hit 170.03, doubling from 2023 lows and marking the best run since 2013...
✨ Key Highlights
The Nairobi Securities Exchange (NSE) has seen investor wealth jump by KSh1 trillion since CEO Frank Mwiti took over in May 2024, with market capitalization reaching KSh2.678 trillion. The NSE All Share Index closed at 170.03 on Friday, August 22, 2025, doubling in value in nine months.
- Investor wealth increased by KSh1 trillion under CEO Frank Mwiti's leadership.
- The NSE All Share Index surged to 170.03, marking its first close above 170 in over three years.
- Sameer Africa led gainers with a +430.9% increase, while Eveready dropped 30.3%.
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S&P Upgrades Kenya's Sovereign Rating to 'B'; NSE Investor Wealth Jumps by KSh1 Trillion - August 2025
S&P Global Ratings has upgraded Kenya's long-term sovereign credit rating to ‘B’ from ‘B-’, maintaining a stable outlook. The upgrade was attributed to reduced near-term external liquidity risks, easing external financing pressures, and stronger foreign exchange reserves. In a related market development, the Nairobi Securities Exchange (NSE) has seen investor wealth increase by KSh1 trillion since CEO Frank Mwiti took over in May 2024. The NSE's market capitalization reached KSh2.678 trillion. The NSE All Share Index closed at 170.03 on Friday, August 22, 2025, having doubled in value in nine months.
