Britam stock falls further as zest over IFC investment wears off

The Britam Holdings stock continued falling Thursday losing another 5.17 per cent to close at Sh11 as the sentiment over IFC investment wore off. On Tuesday the stock rose 26 per cent to close at Sh12.60.

This came as the NSE 20 share index lost 23.42 points to close at 3170.71. The drop was driven by a 20 cent fall of the Safaricom share to Sh18.80 as well as the decline of major bank counters.