NSE 25 jumps 4.63% after Family Bank's historic listing
The NSE 25 rose 4.6302% to 6,108.45 points on June 23, in a session marked by Family Bank's historic listing, according to Bizna Kenya. Family Bank rang the bell on June 23 for its NSE debut, while advisers were lined up for a KSh77 million payout tied to the listing, Business Daily reported. The exchange also launched options on futures contracts on its NEXT derivatives market on June 22, according to African Markets. On June 23, the bourse added a banking sector index, appointed Sterling Capital as a market maker on NEXT and admitted Fintrust Securities to the fixed-income market, according to NSE statements.
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Nairobi Securities Exchange — NSE 25 Falls 2.68% as TPSE Jumps 8.5% and New Banking Index Debuts
The NSE 25 fell 2.68% this week to 4,084.44 points, even as market breadth stayed positive with 30 advancers out of 55 stocks. TPSE led gainers with an 8.5% rise, while the exchange launched a new banking sector index, underscoring a deeper Kenyan market structure.
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