NSE share orders quadruple on M-Pesa trading

Screen showing market trends at Nairobi Securities Exchange. 

Photo credit: File | Nation Media Group

The number of orders in listed shares has grown by nearly four times on the rise of micro-transactions under the new M-Pesa shares trading platform.

Data from the Nairobi Securities Exchange (NSE) shows the number of share orders grew to 26,169 on Monday this week, 3.8 times more than the 6,761 deals recorded prior to the start of shares trading through M-Pesa on February 4.

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