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Shilling edges up to trade at 103.65/75 per dollar in last hour of trading

Nairobi securities Exchange (NSE)trading floor.17/10/14-BEVERLYNE MUSIKLI

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.

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