Foreign investors start year with sale of banks, EABL stocks
2 months ago, 9 Jan 09:50
Foreign investors started off the New Year in a net selling mode, taking out a net of Sh176 million from the stock market last week as they sold off banking stocks and the EABL stock. Market data compiled by Standard Investment Bank (SIB) at the end of the first week of trading in 2018 shows the trend has continued from last year, when the foreigners sold Sh12.2 billion more than they bought in the market. They were also more active in the market last week than has been the norm in recent months ...
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