Daily Market Brief | 02 July 2025

Daily Market Brief

Stocks maintained an uptrend on Wednesday, 2nd July 2025, attracting 0.8% average gain supported by the general low interest rates and inflation. Nearly all the listed sectors recorded upticks led by the agriculture, automobile and telco sectors which recorded 2.3%, 1.9% and 1.7% average gains respectively.

Shares traded improved 47.1% up from 19.69Mn to 28.96Mn shares nearly double the value traded from KES 329.38Mn to 638.48Mn. Market focus remained on Safaricom which retained top mover position with KES 350.41Mn from 13.25Mn shares.

The market foreign activity went up from 37.4% to 41.9% with major foreign focus being noted on Safaricom, Equity Group and British American Tobacco (BAT).

The secondary bonds market changed hands KES 9.60Bn, 37.2% higher compared to KES 7.00Bn traded on Tuesday. This is despite the low deals of 136 deals transacted in relation to 163 deals of Tuesday.

The re-opened FXD1/2020/15, last issued in May 2025, emerged the day’s top mover after trading KES 1.49Bn despite its yield to maturity remaining relatively stable at 13.358%, see page 2 for more.

[Graph in pdf]

About Report

Daily Market Brief
July 2, 2025

Overview

Stocks maintained an uptrend on Wednesday, 2nd July 2025, attracting 0.8% average gain supported by the general low interest rates and inflation. Nearly all the listed sectors recorded upticks led by the agriculture, automobile and telco sectors which recorded 2.3%, 1.9% and 1.7% average gains respectively.