East Africa Launches Unified Stock Index Covering 85% of Regional Market

• EAE 20 Share Index debuts with $16.98bn in market cap across four countries
• Safaricom, CRDB Bank, and MTN Uganda among top regional performers

Nairobi, Kenya – The East African Securities Exchanges Association (EASEA) has launched a regional market share index tracking the top 20 listed firms, which collectively account for 85% of East Africa’s total equity market. The East Africa Exchanges (EAE) 20 Share Index, unveiled on April 11, opened at 100.21 points, slipping marginally by 0.11% on its first day of trading to close at 100.1 points.