NSE 20 SHARE INDEX
The NSE 20 share Index is a price weighted Index calculated as a mean of the top 20 best performing counters. The Constituent Companies are selected based on a weighted market performance during the period under review based on the following criteria:
- Trading activity measures: Market Capitalization, Shares Traded, deals/Liquidity and turnover during the period under review are weighted in the ratio of 4:3:2:1 respectively
- A company must have at least 20% of its shares quoted at the NSE
- Must have a minimum market Capitalization of Ksh 20 million
- A company should ideally be a blue chip with superior profitability and dividend record