×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

NSE: Is it becoming a formal 'casino' with the speculative trading?

Vocalize Pre-Player Loader

Audio By Vocalize

The Nairobi Stock Exchange (NSE) has seen speculative trading in the past few weeks, particularly in small-cap or underperforming companies, which can resemble a 'casino' environment. The 'small companies' in the NSE are outperforming blue chip companies that has resulted in some of the share prices going up by even more than 105%. This is gambling!

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
By AFP 10 mins ago
Football
Sevilla coach Almeyda banned for seven games after clash with referee
By AFP 14 mins ago
Football
All World Cup matches sold out, says FIFA's Infantino
By AFP 19 mins ago
Football
Bodo-Glimt stun Inter, Gordon hits four in Newcastle Champions League romp
Unique Sports
Kenyan esports star Kappa lands a professional deal in Morocco