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Equities IPO drought now hits five years
The Nairobi Securities Exchange’s (NSE) initial public offerings (IPOs) drought has hit five years, which coupled with several delisting has hurt the market’s equities offering to investors. FILE PHOTO | NMG
The Nairobi Securities Exchange’s (NSE) initial public offerings (IPOs) drought has hit five years, which coupled with several delisting has hurt the market’s equities offering to investors.
Since 2014, the NSE has only welcomed listings by the introduction of a few small firms, a real estate investment trust (REIT) and an exchange-traded fund (ETF).
