Foreign investors dominate trading at Nairobi bourse

Stockbrokers at the Nairobi Securities Exchange. FILE PHOTO | NMG

Foreign investors have dominated stock market trading activity in recent weeks as local retail traders shy away due to falling share prices.

The Nairobi Securities Exchange (NSE) data compiled by Standard Investment Bank (SIB) shows that the foreign traders have accounted for at least 65 per cent of weekly equity turnover since the beginning of June, touching a high of 74 per cent in the week ending June 29.

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