🇰🇪 Nairobi Securities Exchange

Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc UK. 

The Nairobi Securities Exchange Plc (NSE) wishes to notify the investing public that it has launched two new market indices, NSE 10 Share Index (N10) and the NSE Bond Index (NSE-BI). The two indices will track the performance of the equities market and bonds market respectively. This development follows extensive engagements with various stakeholders including potential issuers of structured products like the Exchange Traded Funds (ETF).

Britam Holdings has stopped increasing investments in equities to minimise exposure in the wake of falling share prices of many companies at the Nairobi Securities Exchange (NSE).

The Nairobi Securities Exchange (NSE) recorded a 72.4 percent jump in net profit to Sh69.38 million in the first half of the year, helped by higher equities trading commissions and data sales.