Investors at the Nairobi Securities Exchange (NSE) have seen their paper wealth fall by Sh116.57 billion in three days since Safaricom announced a 22.2 percent drop in net profit for the year ended March.
Market capitalisation — the value of all stocks at NSE — dropped to Sh1.448 trillion on Monday from Sh1.564 trillion last Wednesday, which preceded the telco’s latest financial results.
