Nairobi, April 9 -- Kenya's stock market has added Sh101.8 billion in investor wealth in the last two days after investor sentiment towards equities improved on news of a tentative ceasefire in the Iran war that has spooked global markets.

The Nairobi Securities Exchange (NSE) added Sh76.1 billion in market capitalisation-the measure of investor wealth-on Wednesday, before adding a further Sh25.7 billion on Thursday.

On Tuesday, US President Donald Trump announced the conditional two-week ceasefire if Iran agreed to reopen the Strait of Hormuz, a key gateway that carries up to a quarter of the globe's daily oil and gas supplies. With the conditional agreement, the US pulled back from Mr Trump's earlier threats to escalate Iran bombing....