The East African Securities Exchanges Association EASEA Launches The East Africa Exchanges EAE 20 Share Index

The EAE 20 Share Index is a market capitalization-weighted index, comprising a cross-section of the top 20 listed public companies from multiple sectors across Nairobi, Tanzania, Uganda, and Rwanda stock exchanges. Collectively, these listed companies represent over 85% of the region's equity market universe.

The companies included in the Index are:

• Safaricom Plc
• KCB Group Plc
• Equity Group Holdings Plc
• The Co-operative Bank of Kenya Limited
• Absa Bank Kenya Plc
• CRDB Bank Plc
• NMB Bank Plc
• Tanzania Breweries Limited
• Tanga Cement Company Limited
• Tanzania Cigarette Corporation
• Bralirwa Limited
• BK Group Plc
• I&M Bank (Rwanda) Plc
• Cimerwa Plc
• MTN Rwandacell Plc
• MTN Uganda Limited
• Stanbic Uganda Holdings
• Bank of Baroda (Uganda)
• Airtel Uganda Limited
• Quality Chemical Industries Limited

To qualify for inclusion in the Index, companies must meet the following criteria:

• The company's shares must be primarily listed on one of the participating East African securities exchanges.
• The company must have maintained a continuous listing for a minimum of one year on the respective exchange.
• The company should be a recognized blue-chip firm, demonstrating strong profitability and a consistent dividend payment history.

The index will track price movements and changes in market capitalization of its constituent firms, offering a transparent benchmark for investors, analysts and policymakers.