The Nairobi Securities Exchange (NSE) yesterday suffered its biggest single-day loss in over a year, as US President Donald Trump’s sweeping tariffs continued to batter global markets.
Blue chip stocks Safaricom, Equity Group and KCB Group accounted for the bulk of the day’s Sh37.42 billion losses, with a combined decline of Sh33.7 billion in valuation, paying the price for their high exposure to foreign and institutional investors who led the selling at the market.
