New York-based Morgan Stanley Capital International (MSCI) Inc has added two more Kenyan-listed companies to its frontier markets indices, providing a major boost to the Nairobi Securities Exchange (NSE) as it looks for ways to sustain the growth momentum it started in 2024 after five consecutive years of decline.
The global, financial, research and investment advisory firm has added Standard Chartered Bank Kenya to its frontier markets index in its latest index review for global markets, joining Cooperative Bank, Safaricom, Equity Group, East African Breweries Ltd (EABL) and KCB Group.
