NSE drops 27.5pc in 2023 as bear run continues

Nairobi Securities Exchange

Nairobi Securities Exchange trading floor. 

Photo credit: File | Nation Media Group

The Nairobi Securities Exchange (NSE) recorded a 27.5 per cent fall in paper wealth amounting to Sh547 billion in 2023 as the multi-year bear run continued to ravage investors' equities portfolio.

According to market data, the NSE closed the last trading day of the year with a valuation of Sh1.439 trillion from Sh1.986 trillion at the end of 2022.

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