Investor wealth on the Nairobi Securities Exchange (NSE) fell by Sh124.4 billion over the three days to Wednesday as the import tariffs announced by US President Donald Trump continued to affect global markets.
In yesterday’s trading, the NSE’s market capitalisation—the aggregate valuation of all listed stocks— retreated by Sh51.55 billion to Sh1.942 trillion, eclipsing Monday’s Sh37.4 billion fall as the biggest single-day decline in the last one year. The market also shed Sh35.4 billion in valuation on Tuesday.
