Kenyan shares inched higher on Friday after the presidential election rerun left some investors satisfied that the country’s political institutions were continuing to function for now.
The benchmark NSE 20-index jumped 1.27 per cent and the broader all share index rose by 1.11 per cent. In the foreign exchange market, the shilling edged up to trade at 103.65/75 per dollar in the last hour of trading, after opening at 103.85/95, its lowest level since mid-August.