Look, I said DSE is about 1/2 of NSE ($800mn vs 2bn)
But what you should know is this 44% of NSE cap is Safaricom Only. So when NSE sheds $500bn while safaricom stays stable it means 100's of listed companies are struggling and their investors are dumping their stocks
The crux of the matter is this
DSE 2.5% gain
NSE 19% loss
As to JPM forcing companies to list, it shows that he is very much a capitalist which is a good thing..Let the forces of demand and supply determine the ownership and management of companies in their country..Neo Liberal, market economics..Genious!