Essentially Events Far away like Argentina, like the Turkish Central Bank Midnight Strike, like the Free Falling Rand have combined and brought some defensive measures on the Part of some Foreign Investors.
The Soft Patch has further to run but the Bull Market [a more than 24 month Phenomenon across Kenya, Nigeria, Ghana et al and Egypt since Morsi's Departure] remains very much in tact but self evidently its being buffeted by some swirling Global Winds.
(Rich Today)

WHAT A MARKET COLLECTION IS THIS?

It appears as if this market everything is out for grab again after market surged failed to sustain.Anyone has an idea why market is plunging downwards trend?or is it just a market collection.Well what could be your favourite stock grab: Safaricom @11.50 was hitting 15.00 Carboacid 39.50 was 42.00,Britam@18.00 was 19.80,Equity @31.50 was 35.00...this is just a open view Please Wazuans join discussions....

WHY ARE YOU SUPRISED ABOUT MARKET CORRECTION ?

Do you expect the stock prices to rise every day?

There is bound to be profit taking, and market correction which is a buy opportunity to accumulate your favorite stocks especially the blue chips.

Safaricom is bound to go close to 10 bob but when it rebounds it will approach a new high of 13 - 14 bob.

If you are an experienced investor you will not be suprised about market correction, which is purely temporary.

You will see return of the bulls to new highs when the earning season commences in full swing from mid feb.

Dont panic my friend it is a normal trend. PERIOD.

- I wish big guys like NMG get below 300 to acculate more, EABL is sweet at sub 250,and Bamburi will be honey at sub 200, not to talk of HFCK at late 20s (if possible) and Panafric at sub 90. But thereafter the bulls will take over to new highs. This is typical of a standard market.

The collection of your stocks may require some correction.

@Wanyina are your vocabulary is very collect.