NSE blue chips bleed in fresh lockdown, curfew

Nairobi Securities Exchange

A customer is served at the Nairobi Securities Exchange (NSE) at the Exchange Building in Nairobi on August 26, 2020.


Photo credit: Salaton Njau | Nation Media Group

What you need to know:

  • Safaricom, Equity, EABL and Cooperative Bank shares — which account for 77.6 per cent of total NSE wealth — fell by between 4.4 per cent and 12.1 per cent, collectively losing by Sh92.86 billion.

Nairobi Securities Exchange (NSE) stocks posted the largest weekly loss since the start of the year as investors reacted to fresh lockdown and longer curfew hours introduced to stem the spread of Covid-19 infections.

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