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More losses for investors at bourse

Nairobi Securities Exchange. (Photo: courtesy)

The Nairobi Securities Exchange top 20 stocks lost value for the fourth consecutive day yesterday as the market reacted to the country’s worsening political impasse.

Investors’ fortunes on the bourse shrank, with the market shredding paper wealth worth Sh28.3 billion in four days of trading. The NSE 20-share index, a benchmark of top 20 best stocks, was down 4.66 points to stand at 3640.14 on a day that saw 12 million shares valued at Sh259 million traded. This was the fourth fall in a row from Monday when it stood at 3,712.37 points.

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