NSE shares dive despite higher corporate half-year earnings

Nairobi Securities Exchange (NSE) logo on the trading floor. 

Photo credit: File photo | Nation Media Group

Stock prices continued to retreat on Wednesday despite higher earnings reported by key bank stocks for the half-year to June period, reflecting the effects of foreign investors selling on large counters.

The bourse has shed a total of Sh103.8 billion in investor wealth in the past one week, largely on retreating share prices of large banks and Safaricom.

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