Foreign investor activity at NSE rebounds to 64 percent

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A stockbroker at the Nairobi Securities Exchange trading floor. FILE PHOTO | NMG

Foreign investor participation at the Nairobi Securities Exchange (NSE) rebounded last month after holding below 50 percent in the two previous months, indicating renewed confidence in the market.

Foreign investors’ share of traded turnover at the bourse stood at an average of 64 percent in first three weeks of October, largely trading on the stocks of Safaricom, Equity Group and EABL.

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