NSE slides below Sh2trn as shilling extends its decline

A man at Nairobi Securities Exchange (NSE) trading floor. FILE PHOTO | NMG

Combined investors wealth at the Nairobi Securities Exchange (NSE) has dipped below Sh2 trillion for the first time since March while the shilling has extended record low run to the dollar ahead of planned review of Covid-19 control measures.

NSE market capitalisation yesterday dropped to Sh1.998 trillion meaning that investors have suffered Sh134.6 billion loss since President Uhuru Kenyatta relaxed Covid-19 containment measures on July 6.

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