Nairobi, June 7 -- Foreign investors made net sales worth Sh10.17 billion on the five largest firms at the Nairobi bourse in the year to April 2026, locking in large capital gains after their share prices rallied in the period.

The foreigners were largely offloading their stock in Safaricom, Equity Group, KCB Group, EABL and Co-operative Bank of Kenya to local institutional investors, who increased their stakes at a time when the blue chips raised their full-year dividends.

The sales were part of overall foreign net outflows of Sh17.4 billion at the Nairobi Securities Exchange (NSE) over the one year.

Latest regulatory filings show that the foreign investors cut their stake in Safaricom by 268.77 million shares-valued at Sh8.53billion ...