NSE day-trading yet to gain traction in first year

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Nairobi Securities Exchange on the trading floor of the Exchange building in Nairobi. FILE PHOTO | NMG

Investors bought shares worth Sh4 billion at the Nairobi Securities Exchange (NSE) on the new day-trading platform in 2022, representing 2.13 percent of the total deals made in the year as the invention struggled to spark interest.

Data from the NSE indicates that day trading accounted for 2.13 percent of the year’s total deals of Sh188.58 billion in the first full year of the operation of the financial instrument.

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