The Nairobi stock exchange 20 closed 2009 down 7.7% from 3521.18 points to 3247.44
points. The market was weighed down but pessimistic sentiments about the general
economy and company profits. The resultant effect of the negative sentiment was felt
on the activity side of the bourse were retail activity in the market dried up leaving the
bourse being a preserve of foreign and local institutional investors with total activity in
Kenya shillings standing at Kshs 38 billion down 60.97% from Kshs 97 billion and volume
traded was down 46.22% from 2008-2009. Market capitalization was also down 2.2% to
close the year at Ksh 834 billion. more..
