Foreigners remain NSE net sellers for 8 straight months

DNNSE2608SD

Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. 

Photo credit: File | Nation Media Group

Foreigners remain net sellers of Nairobi Securities Exchange (NSE) listed stocks for eight straight-months to the end of May on prolonged uncertainties regarding US trade policy.

Data compiled from local stockbrokers shows the net sales by the foreigners hit Sh6.95 billion in the review period, with the largest outflow coming in December and February at Sh1.28 billion each.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.