Skip to content

Global Equities Rout Hits Kenya’s Benchmark Harder Than Most

  • Nation’s stocks are worst performers globally after Sri Lanka
  • Election, economic growth, inflation concerns weigh on shares

There’s no place to hide for Kenya’s battered stock market amid the turmoil that’s weighed on equities globally this year.

The benchmark index of East Africa’s largest economy is down 29% this year, with only crisis-hit Sri Lanka posting a deeper decline among 92 primary gauges tracked by Bloomberg.