Home Business NSE losses Sh74bn, retreats from highest level in three years

NSE losses Sh74bn, retreats from highest level in three years

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


Business Daily | by Patrick Alushula


The Nairobi Securities Exchange (NSE) has shed Sh74.1 billion in one week of trading as investors cash out on the price gains that had lifted the bourse to a 36-month high of Sh2.634 trillion last Monday.

The combined investor wealth stood at Sh2.56 trillion as the market closed yesterday, dropping further from Friday’s Sh2.58 trillion as top counters, including Safaricom, KCB and Equity shed value…

Read more…

[Image source: Riccardo Gangale/ Bloomberg]

Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version