Family Bank jumps 44% on NSE debut as NSE 25 slips 0.26%
The NSE 25 fell 0.262% to 6,167.92 on June 29, while market attention stayed on Family Bank's listing, according to market data. Family Bank joined the exchange on June 24 and its shares jumped 44% on debut day, according to The Kenyan Wallstreet, after Bizna Kenya on June 23 described the transaction as a historic NSE listing. TechTrendsKE reported on June 25 that the debut brought exchange ownership rules into sharper focus. Separately, the NSE launched options on futures contracts on its NEXT derivatives market on June 22, according to african markets, adding a new product as the cash benchmark slipped 0.262%.
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