Prime

NSE value rises to Sh3 billion on first day of trading

Industrialisation and Enterprise secretary Adan Mohammed rings the bell to officially commence trading for the Nairobi Securities Exchange (NSE) during the listing of its Initial Public Offering at the Exchange Sep 9, 2014. PHOTO | SALATON NJAU

The valuation of the Nairobi Securities Exchange nearly doubled to Sh3.2 billion on its first day of trading, after its share price jumped to Sh16.30 per unit from the listing price of Sh9.50.

The share touched a high of Sh18 during Tuesday’s trading and a low of Sh15, with more than three million shares changing hands.

PAYE Tax Calculator

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

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME How Odinga empire changed after Raila

  2. PRIME Trio stage VAT fraud through Sh42bn fake invoices

  3. PRIME West African tourists spend Sh10,410 daily on Kenya accommodation

  4. Fuel price soar to years high after subsidy withdrawal

In the headlines

View All