The Nairobi Securities Exchange (NSE) has been Kenya’s principle stock exchange since its founding as an overseas stock exchange by the London Stock Exchange (LSE) in 1954.
Over 60 companies are listed on the exchange, and around 20 financial services companies act as market participants. The exchange is a key financial player in the East African Economic Community and is one of the most important regional exchanges on the African continent.
In addition to stocks and bonds (both government and corporate), real estate investment trusts (REITs) are also traded. The exchange also facilitates sales of the M-Akiba Bond, a government bond which can be purchased directly from mobile phones using prepaid credit.
The Nairobi Securities Exchange Ltd All Share Index (NSEASI) tracks the performance of stocks listed on the NSE..
Trading hours: Monday through Friday 9:00 a.m. to 3:00 p.m. EAT (UTC+3)
Settlement cycle: T+3