An appreciating local currency gives foreign investors an exchange gain when valuing their returns.
By
Charles Mwaniki
Business Reporter
Nation Media Group
Dollar investors in blue chip stocks at the Nairobi Securities Exchange (NSE) earned a return of 18.8 percent in the first half of the year, nearly matching local currency returns as a stable shilling protected their portfolios from currency losses.
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By the end of March, the collective investment schemes had Sh851.7 billion in assets under management, held by 3.63 million…
The large blue chips tend to have a larger exposure to foreign investors due to high liquidity, which supports large ticket…
Bourse forecasts a breakout driven by state-owned listings, retail participation, and rising market confidence, with…
The billionaire investors include bank executives James Mwangi and Gideon Muriuki, the Kenyatta and Ndegwa families.
Nigerias stock market is the best-performing equity market globally in dollar terms this year, with a 67% return
The Nigerian stock market ended the first half of 2026 as Africa's best performer, returning about 59.5% in dollars despite a…
