Corporate Why investors are fleeing from many NSE countersGregory Waweru, Chief Executive Officer at SBG Securities Kenya at the firm's offices on June 22, 2022. Local investors have been bearish on the market for a longer period, leading to lower traded turnover which has hurt the commissions earned by market intermediaries and depressed share prices. We face low participation in the market by local retail and institutional investors, and I think the solution will come from getting increased participation from local investors. The investment opportunities and menu available to investors have expanded and it has also brought in a new class of investors who are looking at these alternative investment opportunities. The telecommunications, technology and banking sectors are the ones that generally stand out and seem to be at the top of investors' minds, while on the consumer and industrial side you begin to see investors looking at opportunities more selectively.

Source: The North Africa Journal June 30, 2022 21:10 UTC