The Nairobi Securities Exchange has announced changes to two market indices, the NSE Banking Index and the NSE Bond Index. Family Bank joins the Banking Index after completing the required eligibility period.
The Nairobi Securities Exchange (NSE) Plc has notified investors and market participants of changes to two of its market indices. Business Today Kenya reported the announcement on Monday. The changes affect the NSE Banking Index and the NSE Bond Index (NSE-BI).
Family Bank Limited will now be part of the NSE Banking Index. According to Business Today Kenya, the lender qualified after completing the required eligibility period.
The report also mentions changes to the NSE Bond Index. The available material does not say what those changes are. It also does not say when either change takes effect.
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