NSE Launches Banking Sector Index

The Nairobi Securities Exchange has launched a Banking Sector Index effective Oct 1, 2025, tracking 11 banks...

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The Nairobi Securities Exchange (NSE) has launched a new Banking Sector Index, effective October 1, 2025. This market-cap-weighted, float-adjusted index will serve as a benchmark for investors and facilitate the creation of new products like exchange-traded funds, following a strong performance by the banking sector in 2025.

The index comprises the free float of all listed banks, with Equity Group Holdings having the largest market cap at KSh 218.9 Bn as of September 30, 2025.
Frank Mwiti, NSE Chief Executive, highlighted the index as a demonstration of NSE's commitment to innovation and strengthening Kenya's capital markets.
The launch comes amidst significant market rallies in 2025, with the NASI showing a 43.13% YTD gain and the NSE 20 up by 47.84% YTD as of September 30, 2025.

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