Foreign investors are now net buyers at the Nairobi Securities Exchange (NSE) as calm returns following conclusion of the presidential polls.
Data compiled by Standard investment Bank (SIB) shows that foreign investors have been rushing back to the bourse to buy stocks they considered undervalued after the political cloud lifted. Market turnover last week rose to Sh2.8 billion from Sh2.4 billion last week as a result. Turnover topped Sh2.56 trillion from Sh2.46 trillion.
