Kenyan stocks is world’s worst, set to fall further
Kenyan stock prices at more than three-year lows may have further to fall with domestic investors favouring bonds and foreign buyers waiting for lower valuations, the head of the bourse said. Shares on the Nairobi Securities Exchange have dropped 6.9 percent since January 1, extending last year’s 8.5 percent decline, because of jitters among investors […]
ECONOMIC WOES| Nigerian Stocks Fall As Ministers Set To Start Work In 2016
Nigerian shares fell for the sixth session on Monday as the absence of new policies to tackle an economic crisis facing Africa’s biggest economy continued to unnerve markets nearly two-weeks after ministers were sworn in, traders say. The stock market, which has the second-biggest weighting after Kuwait on the MSCI frontier market index, shed 1.02 […]