Effect of Herding Behaviour on Stock Price Movements at Nairobi Securities Exchange

Purpose: Empirical evidence shows that herding pattern is experienced at NSE which linked to particular periods. 
 Methodology: We observe the kind of characterised by changes in stock market parameters includes number deals, average price, total purchases among other are as a result unique circumstances opposed overall market.
 Findings: Further, results both CSSD and CSAD indicated has an effect on prices shares stocks. Idiosyncratic phenomenon detected can either be reduced or eliminated from portfolios through different diversifications strategies meant reduce levels exposure risk merging various investment like bonds, real estates, stocks others all not likely moving towards same direction. encouraging diversification, also behaviour would decreased simple fact assets cannot move direction time rate.
 Unique Contribution Theory, Practice Policy: It recommended government should try privatize some its enterprises enhance public participation effort stabilise prices. This accompanied alliances with exchange securities. The policy makers need further consider forecasting financial instability thus regulate patterns advance.