Capital Markets

Firms issuing profit warnings see falling share prices at NSE

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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

A majority of listed companies, which have announced profit warnings have seen their share prices fall by a deeper margin compared to peers in their respective market segments, reflecting deepening appreciation for company fundamentals among local investors.

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