Foreigners’ NSE net sales rise to Sh570m in October on US polls

The Nairobi Securities Exchange (NSE).

Photo credit: File| Nation Media Group

Offshore investors hastened an exit from the Nairobi Securities Exchange (NSE) in October, recording a net selling position of Sh569.9 million on jitters including the November 5 US elections.

Market data shows the NSE foreign portfolio flows reversed a narrow net buying position of Sh28.6 million in September and marks the eighth month of outflows by offshore investors this year.

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