The share price of the Nairobi Securities Exchange limited dropped to an all-time low of yesterday even after acquiring more stake in the Central Depository & Settlement Corporation (CDSC). According to the real-time stocks tracker, Mystock, the self listed stock trader's share which has been on a free fall since 2018 hit Sh6.50 by noon compared to Sh7.20 Monday. It bought 88.8 per cent in the Association of Kenya Stockbrokers (AKS) Nominees Limited which holds an 18 per cent stake in CDSC. The first was late last year in which NSE bought a 61 per cent stake at Sh77 million. On Monday, NSE appointed Kiprono Kittony as the board chair, replacing Samuel Kimani who resigned on July 13 after serving as the chairman of the NSE board since 2012.

Source: The Star July 15, 2020 00:56 UTC