Bourse Trading Floor Nairobi Resumes Trading After Bearish Performance 

Nairobi Securities Market’s Momentum Still Negative, Its 3rd Week

Image I Courtesy NSE

The Nairobi Securities Exchange (NSE) will resume trading Tuesday after being dampened week ending May 29 coupled with Madaraka Holiday.

“The NASI, NSE 25 and NSE 20 share price indices decreased by 1.6 percent, 1.0 percent and 2.0 percent, respectively, during the week ending May 28. Similarly, market capitalization, equity turnover and number of shares traded declined by 1.6 percent, 39.0 percent and 25.7 percent, respectively,” according to the Central Bank weekly bulletin data.

Foreign investors accounted for 61.8 percent of the week’s total activity compared to 61.1 percent in the previous week. 

Foreign investors were net sellers for the 15th subsequent week with net outflows of Ksh 801Million compared to outflows of Ksh 719Million in the previous week.