Kenya: Shares agency to freeze idle NSE accounts
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Nairobi Securities Exchange (NSE) share accounts that have been inactive for the last two years will be frozen by the end of Thursday in a bid to protect investors against fraud.
1M | 3M | YTD | 1Y | 2Y |
-2.97% | -3.07% | +19.01% | +2.45% | -12.26% |
Value Traded (Mln KES) 86.75 |
Volume 6,479,300 |
Transactions - |
Market Cap. (Bln KES) 1,625.98 |
Nairobi Securities Exchange (NSE) share accounts that have been inactive for the last two years will be frozen by the end of Thursday in a bid to protect investors against fraud.
The Capital Markets Authority (CMA) on Thursday suspended dealing in oil marketer KenolKobil’s shares (KENO) on the Nairobi bourse for 12 trading days following a conclusion of a takeover offer on Monday.
The Nairobi Securities Exchange (NSE) and Capital Markets Authority (CMA) have moved to address the faltering corporate bonds market, seeking large international issuers to fire up the market and off-market trading of securities.
Commercial Bank of Africa (CBA) and NIC Group (NSE:NICB) have confirmed their merger plan whose completion will see the unified banks listed on the Nairobi Securities Exchange (NSE).