NSE-Web-Prospectus-2014

8.2 Equities Profile
The listed shares traded are ‘ordinary shares’ with par values ranging from Kshs 0.10 to Kshs 100/-.
Table 8.2-Equities Profile
No Item Details
1 No of Securities 61 equities as of 31 December 2013
2 No of Segments 3
3 Segments a) Main Investment Market Segment (MIMS)
b) Alternate Investment Market Segment (AIMS)
c) Growth Enterprise Market Segment (GEMS)
4 Main Investment Market 10 namely Agricultural; Automobile & Accessories; Banking; Commercial & Services;
Segment Sectors Construction & Allied; Energy & Petroleum; Insurance; Investment;
Manufacturing & Allied Sector; Telecommunication & Technology.
5 Market Capitalisation Kshs 1.92 trillion (USD 22.33 billion at Kshs 86 per USD) as of 31 December 2013
6 Indices a) NSE 20 Share Index
b) NSE All Share Index
c) FTSE NSE Kenya 15 Index
d) FTSE NSE Kenya 25 Index
7 Indices Base a) NSE 20 Share Index (Base 100:1966)
b) NSE All Share Index (Base 100: January 2008)
c) FTSE NSE Kenya 15 Index (Base 100: 1 January 2008)
d) FTSE NSE Kenya 25 Index (Base 100: 1 January 2008)
8 Big 5 Listees a) Safaricom Ltd
b) East African Breweries Ltd
c) Kenya Commercial Bank Ltd
d) Equity Bank Ltd
e) Barclays Bank Ltd
9 Delivery, Settlement, Provided by independent company Central Depository and Settlement Corporation
Registration Limited in which the NSE has 22.5% shareholding
10 Settlement Procedure Delivery vs Payment
11 Delivery Automated Delivery System
12 Settlement via Clearing House at commercial bank
13 Settlement Cycle T+3
14 Risk Mitigation a) Investor Compensation Fund
b) Guarantee Fund
c) Settlement Limits
15 Taxation a) Capital gains tax suspended since 1985
b) 5% withholding tax for local investors (including East African investors)
c) 10% withholding tax for foreign investors
Source: NSE
8.3 Bonds Profile
Table 9.3-Bonds Profile
No Item Details
1 No of Securities 60 GOK Treasury Bonds and 9 Corporate Bonds as of 31 December 2013
2 No of Segments 2 - Normal and Infrastructure
3 Segments Fixed Income Securities Market Segment
4 Market Capitalisation Over Kshs 700 billion
(value in issue)
5 Types of Listees a) Government of Kenya Bonds
b) Corporate Bonds/Notes
c) Preference Shares
6 Mix Government of Kenya Bonds contributes the majority of the market capitalization.
7 Index FTSE NSE Kenyan Shilling Government Bond Index Base Date 01st Jan 2012 = 100
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