In line with global best practice, the NSE Board recently approved the launch of a new index dubbed NSE 25 Share Index with effect from 2nd October 2015.The move is informed by the need to have a reference benchmark that can be used by Capital Markets players, as we gear to launch the NSE Derivatives Market.
The Exchange currently has five market indices, that enable investors to measure the performance of the major industry segments of our Securities Market; the NSE 20 Share Index, NSE All share Index (NASI), FTSE NSE Kenya 15 Indices, FTSE NSE Kenya 25 Indices and the FTSE NSE KE Government Bond Index.
“The new NSE 25 Share Index has been designed and guided by industry best practices, with a view to provide the Exchange with opportunities to develop structured products in the equities and the upcoming derivative market; said Mr. Geoffrey Odundo, Chief Executive, of the NSE.
The criteria used in selecting the companies for the NSE 25 Share Index are as follows: Shares must have their primary listing on the Nairobi Securities Exchange.
- A company must have a least 20% of its shares quoted on the NSE.
- A company must have been continuously quoted for a least 1 year.
- A company must have a minimum market capitalization of Kshs. one billion Should ideally be a “blue chip” superior profitability and dividend record.
The constituents of the NSE 25 Share Index are:
|
Security |
Issued shares |
Available Shares (Float) |
|
Barclays Bank of Kenya Ltd Ord 0.50 |
5 431 536 000 |
5 010 874 186 |
|
CFC Stanbic of Kenya Holdings Ltd ord.5.00 |
395 321 638 |
389 967 926 |
|
Diamond Trust Bank Kenya Ltd Ord 4.00 |
242 110 105 |
198 824 483 |
|
Equity Group Holdings Ltd Ord 0.50 |
3 701 689 865 |
3 657 407 687 |
|
Housing Finance Co. Kenya Ltd Ord 5.00 |
348 788 876 |
322 561 256 |
|
I&M Holdings Ltd Ord 1.00 |
392 362 039 |
383 416 813 |
|
Kenya Commercial Bank Ltd Ord 1.00 |
3 025 074 934 |
2 213 669 478 |
|
NIC Bank Ltd Ord 5.00 |
639 945 603 |
536 430 619 |
|
Standard Chartered Bank Kenya Ltd Ord 5.00 |
309 159 467 |
56 020 785 |
|
The Co-operative Bank of Kenya Ltd Ord 1.00 |
4 889 316 295 |
4 527 813 720 |
|
Nation Media Group Ltd Ord. 2.50 |
188 524 246 |
169 760 023 |
|
WPP Scangroup Ltd Ord 1.00 |
378 865 102 |
377 781 128 |
|
ARM Cement Ltd Ord 1.00 |
495 275 000 |
485 738 760 |
|
Bamburi Cement Ltd Ord 5.00 |
362 959 275 |
145 791 800 |
|
KenGen Co. Ltd Ord. 2.50 |
2 198 345 968 |
613 794 474 |
|
KenolKobil Ltd Ord 0.05 |
1 471 761 200 |
1 424 532 270 |
|
Kenya Power & Lighting Co Ltd Ord 2.50 |
1 951 467 045 |
933 192 395 |
|
British-American Investments Co.(Kenya) Ltd Ord 0.10 |
1 938 415 838 |
1 451 301 738 |
|
CIC Insurance Group Ltd ord.1.00 |
2 615 538 528 |
589 924 417 |
|
Kenya Re Insurance Corporation Ltd Ord 2.50 |
699 947 417 |
276 393 953 |
|
Liberty Kenya Holdings Ltd Ord.1.00 |
146 249 997 |
127 304 648 |
|
Centum Investment Co Ltd Ord 0.50 |
665 474 443 |
559 716 182 |
|
British American Tobacco Kenya Ltd Ord 10.00 |
100 000 000 |
37 692 816 |
|
East African Breweries Ltd Ord 2.00 |
790 771 044 |
676 290 521 |
|
Safaricom Ltd Ord 0.05 |
40 065 402 000 |
9 943 695 934 |
