The National Stock Exchange (NSE) 55 Westlands Rd, Starehe, Nairobi National Bank of Kenya (NBK) has formally exited the Nairobi bourse following the acquisition by KCB Group in September 2019. Capital Markets Authority (CMA) said the exit will be effected on Thursday for the counter that has not been trading on the Nairobi Securities Exchange […]
Tag: XNAI_MASH
Listed firms up in arms against CMA’s plan
Shareholders follow proceedings during Marshalls East Africa Annual General Meeting held at Kampala Road Branch in Nairobi’s Industrial Area. PHOTO | FILE In 2018, CMA proposed the creation of a recovery board where financially distressed firms on the NSE would be rehabilitated for two to three years to help them get back to financial stability. […]
Nairobi Securities Exchange: Listing fees drop to 6-year low as firms exit
The Nairobi Securities Exchange ( NSE ) Limited revenue from annual listing fees has dipped to a six-year low, highlighting the impact of delistings and suspensions at the bourse. NSE’s latest report shows the annual listing fee in the year ended December dropped by 6.82 per cent to Sh76.06 million compared to Sh81.62 million earned […]
NSE listing fees drop to 6-year low as firms exit
Nairobi Securities Exchange CEO Geoffrey Odundo. PHOTO | SALATON NJAU | NMG The Nairobi Securities Exchange (NSE) Limited revenue from annual listing fees has dipped to a six-year low, highlighting the impact of delistings and suspensions at the bourse. NSE’s latest report shows the annual listing fee in the year ended December dropped by 6.82 […]