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Firms issuing profit warnings see falling share prices at NSE

Firms issuing profit warnings see falling share prices at NSE
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Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. FILE PHOTO | NMG

A majority of listed companies, which have announced profit warnings have seen their share prices fall by a deeper margin compared to peers in their respective market segments, reflecting deepening appreciation for company fundamentals among local investors.

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