Investor wealth at NSE falls Sh10bn as foreigners cash out

Stockbrokers at the Nairobi Securities Exchange. FILE PHOTO | NMG

Investor wealth at the Nairobi Securities Exchange fell by Sh10 billion last week as key stocks halted their recent price rally in the face of foreign investor selloffs and unimpressive financial results.

Market capitalisation, the measure of investor wealth, retreated to Sh2.66 trillion from Sh2.67 trillion the previous week, while the main indices and market turnover also closed in the red.

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