NSE investors have lost Sh192.19 billion in paper wealth within two months as political uncertainty looms.
The Capital Markets Authority (CMA) has warned the long drawn-out political uncertainty that has roiled the country for the better part of this year will hurt trading activity at the Nairobi Securities Exchange #ticker:NSE (NSE) further if prolonged.
NSE investors have lost Sh192.19 billion in paper wealth between August 31 this year and last Monday as the cloud of political uncertainty hangs over the presidential poll rerun.
“We hope to see an end to the political crisis,” said Justus Agoti, a senior market development officer at the CMA Tuesday.
Mr Agoti spoke when the regulator launched the capital markets soundness report for the third quarter of this year.
