CMA data shows surge in Nairobi securities exchange

Data from the Capital Markets Authority shows that investor outflows at the Nairobi Securities Exchange surged more than six times to 10.8 billion shillings in the quarter ended June 2022.

This as the foreigners sought safer investment destinations amid global shocks.

The foreigners had pulled out 1.6 billion shillings worth of investments in the first quarter ended March.

The recent outflows are the second-largest after the 21.43 billion shillings that was recorded in the first half of 2020.

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