Listed shares at the Nairobi Securities Exchange (NSE) are tipped for a better year in 2024 after taking a battering in 2023 on the back of foreign investor flight, placing them alongside fixed income securities as the asset classes to watch in the next 12 months.
Equities were the worst performing major asset class in 2023 where the NSE shed Sh554 billion or 28 percent of its investor wealth, most of it (Sh418.7 billion) on the Safaricom stock — the largest on the market.
