Foreign investors pull Sh2 billion from NSE

nairobi securities exchange bourse
[Image source: Riccardo Gangale | Bloomberg]


Business Daily | by Patrick Alushula


Foreign investors have withdrawn Sh1.98 billion from the Nairobi Securities Exchange (NSE) since January, with more than half of the takeaways coming in this month alone, highlighting the impact of profit-taking and fresh Covid-19 control measures announced late March.

Foreign traders have been net sellers for all the trading days of April to date as they cut exposure in equities in search of shelter in fixed income assets, including government bonds…

Read more…

nairobi securities exchange bourse
[Image source: Riccardo Gangale/ Bloomberg]

LEAVE A REPLY

Please enter your comment!
Please enter your name here