NSE market value crosses 4 trillion shillings despite declining trading activity
Description (show more)
The value of companies listed on the Nairobi Securities Exchange has crossed 4 trillion shillings for the first time, after growing by nearly 360 billion shillings in just three months. However, even as share prices rise, the amount of money changing hands at the stock market has fallen sharply, while foreign investors continue to withdraw their investments. This is according to the latest report by the Capital Markets Authority, which shows mixed performance across the markets between July and September. Here now is Jasmine Wambui with the details.
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