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Guess what country's stock market is up 787% since 2002?

I'll give you a hint: Kenya.

Give up?

From the Guardian:

Kenya has gone share crazy. The incredible performance of the Nairobi Stock Exchange (NSE) - which is next to the public auditorium and provides the live share-price feed - is the talk of the country. From 2002 to 2007, the main NSE index rose 787% in dollar terms, according to Standard & Poor's, the investment research firm, making it one of the world's best-performing markets.

Jimnah Mbaru, the NSE chairman, said: "We have several stock market billionaires [1bn shillings equals £7.2m]. We've stopped counting the multimillionaires."

Posted by edelfenbein at February 6, 2007 1:48 PM