About 97.5 percent or 1.5 million accounts used for the trading of securities including shares at the Nairobi Securities Exchange (NSE) are inactive, revealing the apathy among retail investors who entered the market during the 2000s initial public offering (IPO) boom.
Only 38,594 of the 1,555,073 share accounts participated in trading last year, representing a 2.48 percent share according to data from the Central Depository and Settlement Corporation (CDSC).
