Local investors have gained prominence at the Nairobi Securities Exchange (NSE) over the last three months, reflecting reduced activity by their offshore counterparts in the market even as investment conditions improved abroad.
Market data shows that local investors have accounted for 59 percent of all traded turnover in the period, and foreigners 41 percent, reversing the trend seen in the first and second quarters of the year, when foreigners accounted for 60.3 percent and 57.3 percent of trades at the NSE.
