NSE shows recovery signs, but is the worst behind us?

GRAPHIC | STANSLAUS MANTHI | NMG

The Nairobi Securities Exchange (NSE) is showing signs of ending a painful market rout driven by foreign investor exits chasing after better returns from western government securities.

The NSE All-Share Index (NASI), a market capitalisation-weighted index which was introduced in 2008, is now recovering from an 11-year low, having recorded 109.9 points at the close of trading Tuesday trading from 103.41 points last week. 

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