Foreigners sell Sh4.5bn stocks in August as blue-chips rally

Foreign investors cashed in on shares worth Sh4.55 billion on the Nairobi stock market in August.

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Foreign investors cashed in on shares worth Sh4.55 billion on the Nairobi stock market in August, taking advantage of a rally in blue-chip share prices to secure profits on their investment.

The August net sales, which rose from Sh1.35 billion in July, represented the biggest monthly foreign outflow in 10 months.

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