NSE losses Sh74bn, retreats from highest level in three years

nse-floor

Nairobi Securities Exchange trading floor. PHOTO | NMG

The Nairobi Securities Exchange (NSE) has shed Sh74.1 billion in one week of trading as investors cash out on the price gains that had lifted the bourse to a 36-month high of Sh2.634 trillion last Monday.

The combined investor wealth stood at Sh2.56 trillion as the market closed yesterday, dropping further from Friday’s Sh2.58 trillion as top counters, including Safaricom #ticker:SCOM, KCB #ticker:KCB and Equity #ticker:EQTY shed value.

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