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Discussion Paper No. 29 of 2003 on What Defines Liquidity of the Stock Market? The Case of the Nairobi Stock Exchange
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2003)
Liquidity of the stock market is vital if the market is to play a significant role in
the development by facilitating mobilisation of long-term capital. During the
revitalisation period, a lot of efforts have been made ...

