The Nairobi bourse is the third worst-performing major stock market in Africa since January, hit by foreign investor capital flight and ease of repatriation of equity sales compared to other capitals in the continent.
The Nairobi Securities Exchange (NSE) was ranked eighth among the 10 top stock markets in the continent with a return of negative 30 percent in dollar terms since the year started, wiping out Ksh789 billion of investor wealth
