Nairobi Securities Exchange Updates Issuer Codes for 9 Counters

A derivative is an instrument that derives value from its underlying asset(s) which can be bonds, shares, currencies, or market indices.

Image I Courtesy NSE

The Nairobi Securities Exchange has updated issuer codes for select counters aimed at creating a standard identification system for issuers and unable easy identification by investors at the bourse.

The announcement reflects counters that have changed their corporate identities or changed names after a merger or acquisition.

  • Car & General Plc which had the code C&G has changed it to CGEN
  • I&M Holdings Plc has changed from I&M to IMH.
  • Stanbic Holdings Plc has changed its codes from CFC to SBIC.
  • Sameer Africa Plc has changed its codes from FIRE to SMER.
  • Crown Paints Kenya Plc has moved from BERG to CRWN.
  • Liberty Kenya Holdings Limited from CFCI to LBTY.
  • Sanlam Kenya Plc from PAFR to SLAM.
  • Centum Investment Co Plc has changed its identity codes from ICDC to CTUM.
  • NIC Group Plc from NIC to NCBA.

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