The Nairobi Stock Exchange (NSE)- the case for a buy-and-hold strategy for equity investors

[20] Small caps in particular carry considerable risk

. In addition to poor reporting most of these operate in the Agriculture sector which is dogged by volatility in weather, world demand and prices for tea, coffee and other cash crops as well as a volatile exchange-rate regime all contributing to a risky environment for stock evaluation.

The Nairobi Stock Exchange (NSE)- the case for a buy-and-hold strategy for equity investors

By: PK Mwangi

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