NSE performance ranked second poorest in Africa

Nairobi Securities Exchange (NSE) on the trading floor. FILE PHOTO | NMG

Nairobi Securities Exchange (NSE) gave investors the second-lowest return among its African peers in the first half of the year, weighed down by exposure to foreign investors who have been fleeing to developed markets due to the Russia-Ukraine crisis.

The NSE said in its Quarter Two performance that trends across the globe pointed to equities shedding value, apart from a few isolated markets.

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