Foreign investors have become net buyers of shares at the Nairobi Securities Exchange (NSE) #ticker:NSE for the first time in six months, signalling their intention to return to a market they have looked at with scepticism during weeks of heightened political activity.
The move helped select stocks to bounce back from lows they hit before last Thursday’s repeat presidential election and keen followers of market activity said the recovery was partly being driven by investor rush to lock in bottom prices ahead of third quarter financial result announcements.
