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NSE investors lose Sh15bn as IEBC demos intensify

Police lob teargas to disperse anti-IEBC protestors along Moi Avenue on October 11, 2017 after clashing with Nasa supporters who were protesting for reforms at IEBC. PHOTO | RAPHAEL NJOROGE | NMG

By  BRIAN NGUGI

Nairobi Securities Exchange #ticker:NSE (NSE) investors lost Sh15.74 billion in paper wealth on a day of demonstrations that followed opposition leader Raila Odinga’s Tuesday announcement that he had pulled out of the repeat presidential election set for October 26.

The hit on investor wealth at the Nairobi bourse — now standing at Sh2.340 trillion — came as the shilling showed resilience but was tipped to cave in to pressure as political uncertainty intensifies.

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Note: The results are not exact but very close to the actual.

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