Daily Market Brief
Stocks were generally up 0.4% on Thursday 8th January 2026, with major upticks on NSE 20 counters. NSE 20 gained 0.7% followed by NSE 10 and NSE 25 with a 0.3% and 0.5% growth. Banks were up 0.6% on average.
Shares traded contracted by 5.1% from 30.37Mn to 28.82Mn resulting in a 37.9% decline in the day’s turnover from KES 963.11Mn to KES 598.22Mn. Market focus was in the banking and telecommunication sector with turnovers of KES 227.46Mn and KES 214.09Mn respectively.
Safaricom was the day’s top mover for the 4th consecutive day with KES 214.09Mn in turnover from 7.34Mn shares. Equity Group came 2nd while KenGen came 3rd with KES 117.90Mn and KES 75.11Mn in turnover respectively.
Foreign activity dwindled to 29.8% with a net foreign outflow of KES 77.94Mn. Net foreign inflows happened on Equity Group while Safaricom KenGen and KCB Group recorded net foreign outflows.
Secondary bonds’ turnover dropped by 36.2% to KES 8.05Bn while number of deals shrunk by 2.8% from 142 to 138 .FXD1/2021/25yr was the most traded with a turnover of KES 1.96Bn as its yield moved from 13.2667% to 12.9892%.
The Central Bank of Kenya announced a Switch of KES 20.00Bn from FXD1/2016/010 (0.6-years, 15.0390% coupon) to FXD1/2022/015 (11.3-years, 13.9420% coupon).
