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Why retail investors have shunned NSE s alternative market segment
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Why retail investors have shunned NSE s alternative market segment
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African Exchanges Linkage Project Link To Boost Trading Between African Exchanges
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Gold miner plans Sh2bn listing in Nairobi, London
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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.