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Safaricom leads stocks higher

Nairobi, Kenya - Kenyan shares rose on Friday led by telecoms firm Safaricom. The Nairobi Securities Exchange’s main NSE-20 Share Index added 14.26 points to close at 5,093.00 points, driven higher by Safaricom, which added 2.7 percent to Sh17.20.

 

Analysts said Safaricom’s shares were buoyed by a favourable outlook for its annual performance and anticipation of solid results due to be announced in early May.

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