Quickmart shares rise 18.7pc in strong NSE debut

Quickmart shares recorded a strong debut at the Nairobi Securities Exchange (NSE), gaining 18.7 per cent on the first day of trading to settle at Sh8.90, above the initial public offering (IPO) price of Sh7.50.The supermarket chain’s entry into the equities market follows a successful public offering that attracted significant investor interest, signalling strong appetite for the retailer’s shares.