NSE 20 Share Index Hits the 4000 Mark
Total Page:16
File Type:pdf, Size:1020Kb
For Immediate Release NAIROBI, 15th OCTOBER 2012: THE NSE 20 SHARE INDEX HITS 4,000 MARK Today the NSE 20 Share Index hit the 4,000 mark, standing at 4029.50 points as British American Tobacco, Kenya Airways and Equity Bank continued reporting impressive figures, moving shares worth 68 million, 27 million and 24 million respectively. The NSE 20 Share Index opened the year at 3212.86 and has gained 25.4% to date. The NSE 20 share index last hit the 4000 mark on 14th June 2011, standing at 4009.31 points. Mr. Peter Mwangi, the Chief Executive of the Nairobi Securities Exchange stated, “This is indeed an indicator of the bullish sentiment of the market as we approach the end of the year. We anticipate that the index will hold steady as a result of the affirmative market performance.” -ENDS- NOTES TO THE EDITORS The NSE 20 Share Index is a price weight index calculated as a mean of the top 20 best performing counters. The members are selected based on a weighted market performance for a 12 month period based on market capitalization, number of shares traded, number of deals and turnover. The Constituents of the NSE 20 Share Index are as follows: Mumias Sugar Company, Sasini, Uchumi Supermarkets, Kenya Airways, Safaricom, Nation Media Group, Barclays Bank of Kenya, Equity Bank, Kenya Commercial Bank, Standard Chartered Bank Kenya, Bamburi Cement, British American Tobacco (Kenya), Kenya Electricity Generating Company, the Co-operative Bank of Kenya, East African Breweries, KenolKobil, Kenya Power, Athi River Mining Company, Kakuzi and ScanGroup. FOR FURTHER INFORMATION PLEASE CONTACT Ms. Carol Karugu Investor Relations and Communications Manager Nairobi Securities Exchange Tel: +254 20 2831000 Email: [email protected] Website:www.nse.co.ke .