Global index provider FTSE Russell has upgraded its market access rating on the Nairobi Securities Exchange (NSE) following the recent move by the bourse to allow investors to trade in multiples of a single share compared to the previous minimum lot of 100 units.
FTSE Russel’s annual review of markets that was carried out in September raised the NSE from ‘Restricted” to ‘Pass’ status on its efficient trading mechanism criterion, reflecting the improved access to the market by investors as a result of the change in minimum lot size.
