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The Nairobi Securities Exchange Plc (NSE) equity market has been upgraded from restricted to pass status by the FTSE Russell Index Governance Board in March 2024.
Foreign investors normally account for over 60 percent of trading at the NSE.
NSE board has appointed its chief operating officer David Wainaina to hold the post on an interim basis before Frank Mwiti takes charge.
Nairobi Securities Exchange CEO Geoffrey Odundo retires after nine years as CEO, making way for Frank Mwiti's appointment as new CEO effective May 1, 2024.
Nairobi Securities Exchange recorded a 78.3 percent surge in revenue from the sale of data in the year ended December.