Kenyan shares surge 3 pc after peaceful vote outcome

Trading at NSE. Kenya's benchmark shares index surged 3 per cent to a four-and-half-year high on Monday as investors bought into stocks after a peaceful conclusion of the presidential election. Photo/FILE 

By Reuters

Posted  Monday, March 11  2013 at  17:20

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Kenya's benchmark shares index surged 3 per cent to a four-and-half-year high on Monday as investors bought into stocks after a peaceful conclusion of the presidential election.

The main NSE-20 share index rallied to 4,796.33 points, a level last touched in Aug. 20, 2008, lifted by shares in fuel marketer KenolKobil, retailer Uchumi and telecom provider Safaricom