NSE to open fractional investment in stocks by December 31

The Nairobi Securities Exchange (NSE).

Photo credit: File| Nation Media Group

The Nairobi Securities Exchange (NSE) now plans to introduce a new trading platform by December 31, 2024 that will allow retail investors to buy a percentage or share of a stock instead of paying the full price.

Under the new scheme, known as fractional investment, an investor would be allowed to choose several shares of listed companies instead of putting all their money into one company's stock to buy a certain number of whole shares.

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