The five largest firms on the Nairobi bourse have lost Sh200 billion in valuation since the start of the US-Israel war with Iran, hit by sustained net sales by foreign investors.
Foreigners have sold a net of Sh4.2 billion worth of shares on the Nairobi Securities Exchange (NSE) since March 2, 2026, opting to hold onto cash due to fears of global inflation and recession as the conflict raged on.
