The Nairobi Securities Exchange (NSE) has been ranked the worst-performing African bourse in the first nine months of the year in dollar returns, highlighting the impact of foreign exits and global shocks on East Africa’s biggest stock market.
The ranking on the Morgan Stanley Capital International (MSCI) Index, a key source of investment information for foreign investors, comes on the back of another disputed analysis by Bloomberg that found the NSE was one of the worst-performing stock markets in the world, following the decline of the NSE All Share Index.
