Nairobi June 9, 2014 In line with global best practice, the NSE has reviewed the constituent counters on the NSE 20 Share Index following the NSE board’s approval in its previous meeting. The market index is reviewed periodically to ensure that it reflects an accurate picture of market performance.

The review incorporates the inclusion of British -American Investments Company (BRITAM) Limited, Centum Investments Limited and CfC Stanbic Holdings Limited as index constituent companies replacing Kakuzi Limited, Uchumi Supermarkets Limited and Mumias Sugar Limited with effect from June 9, 2014.

The NSE 20 Share Index is a price weight index calculated as a mean of the shares of 20 public, listed companies. They are selected based on a weighted market performance during the period under review based the following criteria:

1.Trading activity measures i.e. market capitalization, shares traded, deals/liquidity and turnover during the period under review are weighed in the ratio of 4:3:2:1 respectively;

2.A company must have a free float of at least 20%;

3.Must have a minimum market capitalization of Kshs. 20 million;

4.A company should ideally be a blue chip with superior profitability and dividend record.

Following the review,
the NSE 20 Share Index constituent companies will be as follows:-

Agricultural Sector
Sasini Limited

Commercial & Services Sector
Kenya Airways Limited
Nation Media Group
Scangroup Limited
Centum Investment Company Ltd

Banking Sector
Kenya Commercial Bank Limited
The Cooperative Bank of Kenya Limited
Standard Chatered Bank Limited
Barclays Bank Limited
Equity Bank Limited
CfC Stanbic Holdings Limited

Manufacturing & Allied Sector
East African Breweries Limited
British American Tobacco Kenya Limited
Athi River Mining Limited
Bamburi Cement Limited

Energy & Petroleum Sector
KenolKobil Limited
Kenya Power Limited
Kenya Electricity Generating Company Limited

Insurance Sector
British-American Investments Company (Kenya) Limited

Telecommunications and Technology Sector
Safaricom Limited

Talk of being vague

NSE chaps should know correct category of Centum Investment. Not that Commercial and Services!

Is the above list of NSE 20 members current or has there been another review this year?

Agricultural Sector
 Sasini Ltd
Commercial & Services Sector
 Nation Media Group
 Scangroup Ltd
Banking Sector
 Kenya Commercial Bank Ltd
 The Cooperative Bank of Kenya Ltd
 Diamond Trust Bank Ltd
 Barclays Bank Ltd
 Equity Bank Ltd
 CFC Stanbic Holdings Ltd
Manufacturing & Allied Sector
 East African Breweries Ltd
 British American Tobacco Kenya Ltd
 Athi River Mining
 Bamburi Cement Ltd
Energy & Petroleum Sector
 KenolKobil Ltd
 Kenya Power & Lighting Ltd
 Kengen Ltd
Insurance Sector
 British-American Investments Company (Kenya) Ltd
 CIC Insurance Group
Telecommunications and Technology Sector
 Safaricom Ltd
Investment Sector
 Centum Investment Ltd

?? How does share price come into it na umeelezwa the parameters they look at in the ratio 4,3,2,1!!! besides most companies are licking wounds besides std chartered and kq...even worse..example Britam

In the NSE 20 share index;
Stanbic Holdings out to be replaced with NIC Group;what criteria used
Kenya Reinsurance replaces CIC group;financials za CIC seems weak
NSE replaces Sasini

That is the only place you have majority of the solid firms.