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Foreign investors’ NSE activity drops

PHOTO | DIANA NGILA | FILE Foreign investors’ participation at the stock market has declined for the third consecutive month as local investors edge them out.

What you need to know:

  • Their total equity accounted for 42pc last month, down from 43pc in April

Foreign investors’ participation at the stock market has declined for the third consecutive month as local investors edge them out.

According to the market report for May released by the Nairobi Securities Exchange, foreign investors accounted for 42 per cent of the total equity traded value last month down from 43 per cent in April.