NSE investors hit 2.3 million on new listings, bull market

The increase of investors at the Nairobi Securities Exchange (NSE) has coincided with the return of major listings to the bourse after more than a decade without a large initial public offering.

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The Nairobi Securities Exchange (NSE) attracted 333,043 new investors in the nine months ended September, more than triple the growth in investor base over the same period last year amid new listings and rising share prices.

Latest data from Capital Markets Authority (CMA) shows the number of NSE investors hit 2.36 million at the end of September, up from 2.027 million at the start of the year.

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