the deal wrote:Yesterday when we had the biggest drop in the NSE20 Index this year...foreign investors were net buyers...so stop blaming foreigners...its actually local investors who are torching the NSE...and CGT is the prime reason...cos the JSE has gained 3% since Monday...this has nothing to do with the US stimulus programme...Kenya is a frontier market...its very disconnected from what goes on...on the global arena...the best proxy is SA...for us who trade in that market will tell you so!
@the deal have you ever heard of a time lag?? If global markets recover NSE will recover whether there is CGT or not!
Mark 12:29
Deuteronomy 4:16