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You are Here : Home > Membership > Associate Members

KASIB Professional Membership

ASSOCIATE MEMBERS

This shall apply to any individual currently enrolled in an academic instituition and with interests in the capital markets industry.

Annual Membership Fee: KES 1,000

Investment Terminology

Index

A stock market index is a statistical measure of the state of the stock market, based on the performance of a number of representative stocks. Each index (from different stock markets across the world) has its own calculation methodology and is usually expressed in terms of a change from a base value. Thus, a percentage change of the index is more important than its numeric value. The index is usually considered to be reasonably representative of the performance of the stock market as a whole.