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Nairobi Securities Exchange Plc (NSE: NSE)

Nigel Firth
Nigel Frith trader
Updated 29 May 2024

Overview of Nairobi Securities Exchange Plc

Nairobi Securities Exchange Plc is a securities exchange listed on the Nairobi Securities Exchange (NSE) with a global reach.  Nairobi Securities Exchange Plc operates as a securities exchange in Kenya and offers an automated platform for the listing and trading of debt, equity and derivative securities.

Nairobi Securities Exchange Plc provides clearing and settlement services for transactions through its subsidiary, NSE Clear Limited and acts as a central counterparty in derivative securities transactions. Nairobi Securities Exchange Plc operates under the jurisdiction of the Capital Markets Authority of Kenya; is a full member of the World Federation of Exchange; a founding member of the African Securities Exchanges Association (ASEA); the East African Securities Exchanges Association (EASEA) and the Association of Futures Market.

Today, Nairobi Securities Exchange Plc’s portfolio of products and services are diversified in more sectors of the Financials value chain and include the following: Exchange Traded Funds, Financial and Commodity Derivatives and Carbon Credits.

The history of Nairobi Securities Exchange Plc goes back to 1954 when it was founded, and it was listed on 1 January 2014.

Nairobi Securities Exchange Plc has its head offices at 55 Westlands Road, Nairobi, KENYA.

The current CEO of Nairobi Securities Exchange Plc is Geoffrey Otieno Odundo and Kiprono Kittony is the Non-Executive Chairman of the Board.

Nairobi Securities Exchange Plc’s equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol NSE.

Nairobi Securities Exchange Plc forms part of the Investment Services Industry and the Financials Sector of the Nairobi Securities Exchange (NSE).

OPEN DEMO TRADING ACCOUNT YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
Nairobi Securities Exchange Plc Logo

Nairobi Securities Exchange Plc Stock Performance

The current price for Nairobi Securities Exchange Plc stocks on the Nairobi Securities Exchange (NSE) is 8.98 Kenyan Shilling (KES).

NSE stocks closed a recent trading day (22 October 2021) at 8.98 KES per share on the Nairobi Securities Exchange (NSE), experiencing a 0.4% gain from its previous closing price of 8.94 KES.

An analysis of financial data of Nairobi Securities Exchange Plc showed that the company has a total market capitalisation of 2.33 Billion KES, with a Price/Earning ratio of 13.82 and earnings per share of 0.65 KES. A total of 260 Million shares were outstanding.

Nairobi Securities Exchange Plc’s financial performance for the 2021 period that ended in June indicates increased profits and revenue of 366 million KES, up from the 303 million KES in December 2020.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Nairobi Securities Exchange Plc stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of Nairobi Securities Exchange Plc, analysts forecast further improved performance for the Financials sector with market share growing as trading volumes increase.

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Highlights of Nairobi Securities Exchange Plc in 2021

Nairobi Securities Exchange Plc started the current financial year (2021) with a share price of 8.16 Kenyan Shilling (KES) on the Nairobi Securities Exchange (NSE), and it has gained 10.1 % in value on its price valuation, ranking 15th on the NSE where its year-to-date performance is concerned.

Nairobi Securities Exchange Plc is currently the 31st most-traded stock on the NSE and it has experienced a total trading volume of more than 1.2 million shares, which were finalised in 774 deals and were valued at a total of 11 million Kenyan Shilling (KES) over the recent three month period from July to October 2021, with an average of 19,076 shares in each trading session.

During the same period a volume high of 281,600 was achieved on 17 September and a low of 600 on 6 October.

How to buy Nairobi Securities Exchange Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Nairobi Securities Exchange Plc stocks on the Nairobi Securities Exchange (NSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “NSE”.
  2. Select a forex broker that offers access to the Nairobi Securities Exchange (NSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.

FAQs

The Nairobi Securities Exchange (NSE)was established in 1954 as the leading stock exchange in East Africa and offers world class trading facilities for local and foreign investors looking to gain exposure to the country’s rising economy.

The bourse is based in the capital of Kenya, one of the fastest-growing economies in Sub-Saharan Africa. The NSE operates under the jurisdiction of the Capital Markets Authority of Kenya and is overseen by a board of directors. In 2014, the NSE demutualised and became listed on the main board of its own exchange.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.