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Browsing: NSE performance
- The Banking Sector had shares worth US$50,126 (Sh7.9 million) transacted which accounted for 63.34 percent of the day’s traded value at Nairobi Securities Exchange.
- In 2021, 8.7 million shares were traded worth $1.5 million (Sh242 million), while 2022 saw the number rise to 17.6 million shares valued at $4 million (Sh630 million).
- In the nine-month period leading up to September 2023, the NSE ranked as the least performing African bourse in dollar terms, underscoring the impact of foreign withdrawals and global shocks.
Trading at the Nairobi Securities Exchange began 2024 on a four-year low on Tuesday, with 897,000 shares traded, signaling low confidence among investors.
The value of the shares dropped to $79,314 (Sh12.5 million), compared to 2023 when the bourse opened trading with 1.73 million shares, equivalent to $21,467 (Sh33.8 million). It is the first time in four years that the NSE began with less than a million shares …
