Business Daily | by Elizabeth Kivuva
Investors on the Nairobi Securities Exchange (NSE) have seen their paper wealth decline by Sh51 billion since the start of this month as foreign investors continued to flee the market.
The market capitalisation opened at Sh2.43 trillion in April and had dropped to Sh2.37 trillion as of Tuesday.
Russia’s invasion of Ukraine, profit-taking and the upcoming Kenyan General Election are among the factors contributing to the market selloff…
