Market data sales raise NSE profits to Sh18.4m

Nairobi Securities Exchange (NSE) logo on the trading floor. 

Photo credit: File photo | Nation Media Group

The Nairobi Securities Exchange (NSE) reported a 34 percent increase in net profit to Sh18.4 million in the year ended December, helped by higher revenue from sale of market data.

Its turnover rose to Sh662.32 million from Sh642.76 million in the period, while expenses rose to Sh596 million from Sh550.9 million in 2022.

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Note: The results are not exact but very close to the actual.