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Another year to forget for top NSE investors as their wealth shrinks by Sh13.8bn

From left James Mwangi , Equity Group CEO, Chris Kirubi Centum director, Pradeep Paunrana, ARM Cement CEO and Baloobhai Patel. FILE PHOTOS | NATION MEDIA GROUP

The top 15 Kenyan investors at the Nairobi Securities Exchange (NSE) went through another tough year with their equities’ portfolio shrinking by an additional Sh13.8 billion as the bear run closes its second year.

The investors, including four who have since lost their stock market billionaire titles, booked a combined paper loss of Sh27.3 billion in 2015 when the market started falling after a three-year bull run.

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Note: The results are not exact but very close to the actual.

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