Daily Market Brief
The overall market rose by 1.0% on the first trading day of the month as measured by the Nairobi All Share Index. NSE 10 and NSE 20 counters gained 1.2 % each while NSE 25 increased by 1.1%. Banking sector diminished by 1.4% on average.
The market turnover grew by 2.9% from KES 886.73Mn to KES 912.14Mn despite having a decrease of 7.5% in the volume traded during the day.
Safaricom was the top mover of the day with a turnover of KES 287.01Mn after 9.41Mn shares changed hand. Safaricom is expected to share its half year financials on the 6th of November 2025.The second and third top movers of the day were Equity Group and EABL with turnovers of KES 251.10Mn and KES 182.95Mn respectively.
Foreign activities surged to 49.7% from 37.2% with a shift in net foreign outflows from KES 76.00Mn net inflows to KES 307.36Mn. Heavy foreign entries were noted on Equity Group and EABL while foreign exits happened on Equity Group and Safaricom.
Secondary bonds’ turnover sunk by 15.9% to KES 5.96Bn as investor focus shifts to the primary auction that is set to happen on the 5th of November 2025.
The Central Bank of Kenya re-opened two papers for November’s primary auction, FXD1/2012/020 (7.0-years, 12.000% coupon) and FXD1/2022/015 (11.4-years, 13.942% coupon). CBK also announced a Buyback offer for FXD1/2023/003 (6.7-Months – maturing on 11th May 2026) targeting to settle KES 30.00Bn out of the outstanding amount of KES 76.54Bn.
