Since 2017, foreign portfolio investors have been net sellers in the market except for 2019 when they were net buyers.
Cumulatively, in the five years, they have pulled out nearly Sh64 billion or over half a billion dollars from the local market. Consequently, their month-to-month participation also shows a dip to less than 50 per cent (Q3, 2021) from a five year average of 64 per cent.
