This rising prominence of banks at the NSE has now increased the concentration risk at the market, which has been dominated in recent years by a few large blue chips including Safaricom and large...
By
Charles Mwaniki
Business Reporter
Nation Media Group
The share of investor wealth at the Nairobi Securities Exchange (NSE) concentrated on the banking segment has climbed to a record 42.5 percent after a price rally in the past year and the addition of Family Bank through a new listing.
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The large blue chips tend to have a larger exposure to foreign investors due to high liquidity, which supports large ticket…
Kenya’s Family Bank has been cleared by the regulator, the Capital Markets Authority, for stock market listing after record…
Bourse forecasts a breakout driven by state-owned listings, retail participation, and rising market confidence, with…
The lender’s issued shares will grow to 1.85 billion from the current 1.66 billion, which will give it a starting market…
Family Bank will debut on the Nairobi Securities Exchange at Sh18 per share.
The listing comes at a crucial time for Kenya's capital markets, as the NSE seeks to revive new listings following years of…
