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NSE activity dips as share prices take a hit on foreign investor exits

A notable decline in activity at the Nairobi Securities Exchange (NSE) has been attributed to foreign investors’ flight to more attractive destinations, such as Nigeria and South Africa, or cashing in on gains made over the past few years.

The data shows that turnover declined to Sh6.2 billion last week from Sh6.9 billion the previous week. Further, the number of shares traded stood at 185 million against 214 million the previous week.

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