Offshore investors turn net buyers at NSE

Nairobi Securities Exchange (NSE) trading floor as seen on April 25, 2019.

Photo credit: File | Nation Media Group

Foreign investors made net purchases at the Nairobi Securities Exchange (NSE) in June, marking the first time in nine months that they bought more shares than they sold amid appreciation in the prices of key stocks.

The net purchases by foreign investors stood at Sh820.33 million in June, compared with Sh146.63 million net sales in the previous month, according to data compiled by AIB-AXYS, an investment bank.

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