Performance of the stock market over the past one year can only be best described as a bear-run, that is, month-after-month, many stock market participants want to sell their stocks relative to the number of participants who want to buy.
Indeed, the benchmark Nairobi Securities Exchange 20-share index, an index consisting of the 20 most capitalised, highly traded blue-chip companies, crossed below 2,500 points in mid-August, being the first time it did so in a decade.
