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Strong Signs of a Bear Run at the NSE as Trading Slows

Analysts said the stock market is expected to remain low but stable as banks begin to release their full-year results.

NSE investors’ wealth declines by Sh564b in five months

A number of stocks at the market are currently trading below the initial public offer price after maintaining steady decline in recent months

Investors lose Sh10bn as stocks tumble

Decline in stock prices have been recorded across the board but mainly on counters in the energy and petroleum, telecommunications and technology and construction and allied sectors

NSSF loses Sh7 billion to NSE bear run

The decrease was mainly caused by a decline in fair value loss in net investment income from valuation of quoted stocks at the Nairobi Securities Exchange