Bond turnover dips to year-to-date low at NSE

Nairobi Securities Exchange CEO Geoffrey Odundo. PHOTO | FRANCIS NDERITU | NMG

Bond turnover in the secondary market at the Nairobi Securities Exchange (NSE) fell to its lowest level this year in April as activity across the market slowed down on tighter restrictions due to coronavirus pandemic.

Market data shows turnover stood at Sh29.3 billion last month, more than half compared to the Sh65.7 billion worth of securities traded in March.

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