Foreign investors exits Nairobi Securities Exchange amid declining indices
NAIROBI, Kenya Nov 7... Nairobi securities exchange has seen a significant decline of investors as they flee the market close to nine months currently
The number of foreign investors in the country reduced by 42 percent between January and September dumping shares worth KSH 19.5 billion leading to NSE to hit an 11 year low
Safaricom, Britam, KCB and Equity has seen its share prices significantly reduce
Subsequently the number of local individual investors has also plunged In number from 1.9 million investors in December to 1.2 million investors
Corporate investors on the other hand has seen its number reduced from 74, 500 to 41, 100 over the same period
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