While stock prices in developed markets around the world rose to record levels this week, the current downtrend on East African stock exchanges could continue for some time to come.

In East Africa, stock markets have fallen over the past year. According to experts, this situation could now be compounded by the downtrend in the most advanced markets, causing losses for investors as stock prices plummet. The Nairobi Stock Exchange (NSE), the largest stock exchange in the region, has been in the red for over a year. The NSE 20 stock market index, which tracks the performance of the 20 largest listed companies, is currently at an all-time low, after plunging 10 percent last year. The NSE All-Share Index (NASI) fell by 28 percent over the same period, indicating that other stock prices on the Nairobi Stock Exchange fell even more