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Kestrel, Rencap top NSE stockbrokers’ 2016 market share
The top six market intermediaries accounted for 79 per cent of the Sh294.4 billion trade. PHOTO | BD GRAPHIC
Kestrel Capital and Renaissance Capital tightened their grip on the equities market last year as foreign trading desks continued calling the shots in a bearish bourse.
Kestrel ended the year with a 20.9 per cent market share, up from 16 per cent in 2015 while Rencap grew its share to 16.7 per cent from 13.6 per cent.
