(Last Updated On: August 28, 2015)
The Nairobi Securities Exchange has grow its net profit by 39.6% to stand at Ksh178.6 million. This was brought by levies from equities trading and also data vending.
The NSE total income grew by 13.6% to Ksh401.1 million while the total assets grew by 66% to Ksh1.89 billion due to the growth in retained earnings.
In the past 6 months stocks worth Ksh213 billion were traded higher than the Ksh201.4 billion traded the previous year. From this it gets a levy of 0.12% per transaction of either the buy or sale.
The next products to be launched are a derivatives market, Real Estate Investment Trust (REITs) and Exchange Traded Funds (EFT). This is to broaden the number of products and attract more investors into the market.