M-Pesa Ziidi Trader takes 62pc of NSE share orders

Screen showing market trends at Nairobi Securities Exchange. 

Photo credit: File | Nation Media Group

Individual investors have spent an average of Sh2,621 to buy shares through the new M-Pesa platform, reflecting the influence of the mobile money service in bringing small traders to the Nairobi Securities Exchange (NSE).

The investors on average bought 277 shares from the M-Pesa stock platform known as Ziidi Trader from February 5 to March 10, official trading data shows.

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