Business Daily | by Charles Mwaniki
The stock market shed Sh65.6 billion in investor wealth in the first two trading sessions this week, pressured by foreign investor sales that have overshadowed the expected price rally ahead of the dividend season.
The NSE’s market capitalisation fell to Sh2.49 trillion on Tuesday from Sh2.56 trillion at the beginning of the trading week.
Safaricom, the biggest company at the bourse by market capitalisation, has shed Sh58 billion in the past two days to drive the downturn at the market…
