New index launched to track banking sector at NSE

NAIROBI, Kenya, Oct 2 - The Nairobi Securities Exchange (NSE) has introduced a Banking Sector Index, a market capitalization-weighted and Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Nairobi Securities Exchange (NSE) has launched a new Banking Sector Index to monitor the performance of listed banks. This market capitalization-weighted benchmark aims to drive product diversification and deepen market activity.

The index tracks major lenders including Absa Bank Kenya, Diamond Trust Bank Kenya, Equity Group Holdings, and I&M Group.
Chief Executive Frank Mwiti stated the index aligns with NSE's strategy for product diversification and market deepening.
The banking sector posted strong results between January and September 2025, supported by higher earnings, balance sheet growth, and financial innovations.

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