Investor wealth at the Nairobi Securities Exchange (NSE) has halved since the bourse hit its all-time high valuation of Sh2.9 trillion exactly two years ago, paying the price of foreign investor flight from the market.
The stock market achieved its highest-ever valuation of Sh2.94 trillion on August 24, 2021, carried along by a rally in the share price of Safaricom to an all-time high of Sh44.95.
