Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Kenya

Equities: Poised For Gains

March 2010 | Market Strategy

Kenyan equities continue to look promising with the Nairobi Stock Exchange-20 (NSE-20) equity index fast approaching key resistance at 3,700. From a technical perspective, a firm push through this level would be a bullish signal, taking the market out of its current trend channel, and potentially presaging further gains (over 8.0%) to 4,000.

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