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Foreign investors pull out Sh24 billion from NSE in 2022
Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. The Nairobi Securities Exchange (NSE) incubator programme, Ibuka has struggled to revive listings on the bourse more than five years since launching in December 2018. FILE PHOTO | NMG
Foreign investors yanked Sh23.9 billion out of the Nairobi Securities Exchange (NSE) in 2022, the highest outflows in three years, as they took flight from the market on heightened global risks.
The annualised portfolio outflow from domestic equities was the highest since 2020 when foreign investors withdrew Sh28.6 billion from local stocks on Covid-19 shocks.
