Half of NSE firms fail to recover from Covid

nairobi city county
[Image source: African Arguments | Credit: Nina R.]


Business Daily | by Charles Mwaniki


More than half of stock prices at the Nairobi Securities Exchange (NSE) have yet to return to their pre-Covid-19 levels amid the full recovery of the bourse and economic revival from the pandemic-induced slump.

Of the 58 actively traded counters, 31 are trading below their closing price on March 12, 2020, when Kenya announced the…

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