Safaricom, Equity, EABL and Cooperative Bank shares — which account for 77.6 per cent of total NSE wealth — fell by between 4.4 per cent and 12.1 per cent, collectively losing by Sh92.86 billion.
Nairobi Securities Exchange (NSE) stocks posted the largest weekly loss since the start of the year as investors reacted to fresh lockdown and longer curfew hours introduced to stem the spread of Covid-19 infections.
The market capitalisation reduced by Sh89.38 billion, closing Thursday trading at Sh2.468 trillion as Safaricom, East Africa Breweries Limited (EABL) and the big banks led in shedding value.
