Saturday, February 10, 2007

World's Best Performing Market: 787% in Kenya

Kenya has gone share crazy. The incredible performance of the Nairobi Stock Exchange (NSE) - which is next to the public auditorium and provides the live share-price feed - is the talk of the country. From 2002 to 2007, the main NSE index rose 787% in dollar terms (see graph above), according to Standard & Poor's, the investment research firm, making it one of the world's best-performing markets.

The NSE chairman, said: "We have several stock market billionaires. We've stopped counting the multimillionaires."

Read more here from the article "Share crazy: how Kenyans fell in love with their stock market," from the Guardian.


2 Comments:

At 2/10/2007 9:57 PM, Anonymous lovme2tms said...

How do you buy into the Kenya market from the U.S.?

 
At 2/11/2007 8:24 AM, Anonymous Anonymous said...

http://nse.co.ke/newsite/index.asp

 

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