NAIROBI, Nov. 12 (Xinhua) -- Kenya's Nairobi Securities Exchange (NSE) announced on Tuesday that three companies listed on the bourse have been added to the Morgan Stanley Capital International (MSCI) Frontier Markets Small Cap Index, a move expected to enhance capital inflows to the market.
NSE's Chief Executive Officer Frank Mwiti said in a release that the inclusion of Kenya Power, Carbacid Investments, and Bamburi Cement highlights the significant growth potential of Kenya's listed stocks.
"This increased representation will provide the global investment community with greater exposure to Kenya's listed companies and drive substantial capital inflows to the NSE," he said.
According to the NSE, this addition brings the number of Kenyan firms listed in the global index to seven, offering tools that support and inform the investment industry by tracking emerging markets.
Mwiti said that the NSE will continue engaging the investor community to attract both global and regional investors to listed companies.
