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Page 10 - நைரோபி பத்திரங்கள் பரிமாற்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Foreigners turnover at NSE dips to 3-year low

Foreigners turnover at NSE dips to 3-year low Thursday July 29 2021 By CHARLES MWANIKI Summary Data from the Capital markets Authority (CMA) shows that foreign investors accounted for 54.74 percent of all traded turnover last month. Foreign investors have tended to trade almost exclusively on the large blue chips such as Safaricom, EABL, Equity Bank, and KCB. The share of traded turnover attributed to foreign investors at the Nairobi Securities Exchange (NSE) fell to a three-year low in June, reflecting growing confidence in the market among local investors. Data from the Capital markets Authority (CMA) shows that foreign investors accounted for 54.74 percent of all traded turnover last month, the lowest since May 2018’s 50.98 percent.

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