An investor at the Nairobi Securities Exchange. Drop in equity prices forces listed companies to seek alternative investment opportunities. PHOTO | NMG
East African stockmarkets continued to record mixed results during the three months to September, as investors shifted their money to alternative investments with relatively high and stable returns, such as government securities.
The poor performance of several listed firms reduced corporate earnings and the volatility of the stockmarkets have left investors rethinking their investment options.
