NSE loses Sh241bn in 3 months of profit-taking

An investor at the Nairobi bourse. FILE PHOTO | NMG

Investor wealth at the Nairobi Securities Exchange (NSE) #ticker:NSE fell Sh241 billion in the second quarter of the year as blue chip stocks slid under the weight of profit-taking.

The decline significantly reversed the gains that investors made in the first three months of 2018, when the market turnover rose Sh296 billion, leaving a net gain of Sh55 billion for the first half of 2018.

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