NSE foreign investor trade drops to record 48pc low

Foreign investor activity at the Nairobi bourse has plummeted to below 50 percent, contributing to the market weakness that has seen investor wealth drop by Sh176 billion in the three months to March.

A report by the Capital Markets Authority (CMA) shows that foreigners have been withdrawing from the market, with their participation reported at a record low of 47.89 percent in March.