Daily Market Brief
Stocks gained the most on Wednesday, 3rd September 2025, going up by 1.6% on average majorly supported by upticks in the investment services, telecommunication and the banking sectors which attracted 6.2%, 2.9% and 2.7% on average, respectively. NSE 20 and NSE 25 rose 1.3% each as NSE 20 led with a 1.6% surge on its constituent stocks.
Shares traded remained high at 63.61Mn shares valued at KES 1,726.60Mn, 2.0% higher compared to a turnover of KES 1,692.89Mn of 67.27Mn shares traded on Tuesday. Safaricom emerged the day’s top mover with KES 902.00Mnn after changing hands 30.12Mn shares, accounting for 52.2% and 47.3% of the entire market value and activities, respectively. Focus on Safaricom saw its price up 2.9% to KES 29.95 per share.
Foreign activity further improved from 37.0% on Tuesday to 41.9% supported by improved increased foreign activity o Safaricom and KCB Group. Secondary bonds value traded dipped 39.8% from KES 15.72Bn to KES 9.46Bn on effect of the primary auction that happened in the day.
The primary auction for SDB1/2011/030 (15.5-years) saw an undersubscription of KES 8.07Bn while the government accepting only KES 2.40Bn, a 12.0% performance against the KES 20.00Bn target. The paper’s performance was impacted by aggressive biddings which saw its market weighted average rate was at 14.3709% while accepting bids of around 13.9636%. The accepted rate stood within our aggressive bidding range earlier issued.
