Nairobi, Dec. 2 -- The Nairobi Securities Exchange (NSE) has shed Sh201.8 billion in investor wealth over the past month, after key stock prices fell on selling pressure from investors looking to lock in profits from an earlier rally.

Data from the bourse shows that market capitalisation-the measure of investor wealth- stood at Sh2.842 trillion at the close of trading on December 2, having come down from the all-time high of Sh3.04 trillion recorded on November 6.

The highs of the first week of November represented the first time that the NSE had crossed the Sh3 trillion mark, thanks to a sustained rally that was accelerated in October by positive corporate financial announcements by key companies, including Safaricom, Equity Group, and...