Brokerage firms choking as bearish run at NSE lingers

At its peak in 2014, the Nairobi Securities Exchange (NSE) traded shares worth Sh215.7 billion, with its benchmark NSE 20 Share Index averaging 5,115 points during the year.

What investors did not know was that this was the tail end of a bullish run that had lasted for a decade, and which had ushered in a new generation of stock investors while minting new millionaires by the dozen.