Foreigners dump Sh1.1 billion NSE shares in fresh selloffs

Securities traders at the Nairobi Securities Exchange (NSE) in the past. FILE PHOTO | NMG

Foreigners shed shares worth Sh1.1 billion last month, according to market data, marking a renewed sell-off from the Nairobi Securities Exchange (NSE.

The net sell-offs in September are a reversal to the Sh668 million portfolio inflows in August when the offshore investors marked a rare net buy position in the bourse.

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