This archive report was first published on 20 August 2020.
On August 14, 2020, the Nairobi Securities Exchange (NSE) announced changes to its two benchmark indices, NSE 20 and NSE 25. The updates reflect global best practices to accurately represent market performance.
Stanbic Holdings and Jubilee Holdings have been included in the NSE 20 and NSE 25 Share Indices, respectively. This change replaces Kenya Airways stock, which was recently suspended from trading.
The NSE 20 Share Index is a price-weighted index comprising the top 20 best-performing counters. To qualify, companies must have at least 20% of their shares listed on the NSE, a minimum market capitalization of Ksh20 million, and be continuously quoted for at least one year.
The NSE 25 Share Index is a market capitalization-weighted index representing the performance of the top 25 Kenyan companies listed on the NSE. This index provides investors with a comprehensive view of the Kenyan bourse.
Companies in the NSE 25 Share Index must have their primary listing on the NSE, at least 20% of their shares quoted on the NSE, and a minimum market capitalization of Ksh1 billion.
