How shares dip at NSE drove Britam into half-year losses

Britam MD Benson Wairegi speaks during the company’s Annual General Meeting in June. FILE PHOTO | NMG

Britam Holdings #ticker:BRIT sank into a half-year loss, hit by falling share values at the Nairobi Securities Exchange (NSE).

The financial services company saw the worth of its shares at the Nairobi bourse shed Sh3.2 billion in the six months to June, compared to a gain of Sh2.5 billion in a similar period a year earlier.

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Note: The results are not exact but very close to the actual.