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Investors snub day trading at NSE on charges

Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG

By  Edna Mwenda

Business Reporter

Nation Media Group

Same-day trading of shares accounted for only 3.4 percent of total deals at the Nairobi bourse, reflecting investors’ apathy towards buying and selling securities multiple times in a single day

Data from the Capital Markets Authority (CMA) indicate that shares worth Sh784 million were traded through day trading between its launch date in November 22 and January 20.

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