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NSE first quarter equities trade more than doubles to Sh58bn
President William Ruto, Treasury CS John Mbadi (extreme right), CEO NSE Frank Mwiti (right) NSE Chair Kiprono Kittony, (left) and PS Treasury Dr Chris Kiptoo (partially hidden) look at the NSE trading and performance during the launch of the Safaricom's Ziidi Trader at the Nairobi Securities Exchange (NSE).
The value of equities traded at the Nairobi Securities Exchange more than doubled in the three months to March on investor shift to shares and the Kenya Pipeline Company initial public offering (IPO).
The value rose 122.9 percent to Sh58.3 billion as investors moved money from bonds to equities in the search for higher returns.