Foreign investors made net sales on the Safaricom #ticker:SCOM and EABL #ticker:EABL stocks at the Nairobi Securities Exchange (NSE) last week, pulling down the share prices of these stocks as well as the bourse’s market capitalisation.
The net outflows on the foreign desk — which accounted for 45.5 percent of total market turnover — stood at Sh843.4 million last week, reversing the net inflows worth Sh211.4 million recorded the previous week.
