Investors on the Nairobi Securities Exchange #ticker:NSE (NSE) have lost Sh146 billion in paper wealth over the last two weeks as demand for stocks slumped amid shifting preference for the government’s tax-free infrastructure bond.
The NSE market capitalisation declined from a high of Sh2.93 trillion mid-August to Sh2.78 trillion at the close of trading Monday following a seven-day consecutive slump.
