The Nairobi Securities Exchange had a depressed performance in 2016. ILLUSTRATION|THE EASTAFRICAN
The bear run at the Nairobi Securities Exchange has visited yet more pain on market participants, with stockbrokers and investment banks sinking into losses, leaving only a handful posting reduced profits during 2016.
The net earnings of 14 market intermediaries that have so far released their results for 2016 show a negative return of $431,000 compared with $4.8 million in 2015.
