Daily Market Brief
Equity prices declined by 0.4%, largely driven by a 0.9% contraction in the most liquid counters (NSE 10). NSE 20, NSE 25, and the banking sector dropped by 0.3%, 0.7%, and 0.8%, respectively.
Shares traded sank by 27.4% from 16.20Mn to 11.75Mn shares, constituting to a 57.5% drop in the day’s turnover from KES 858.03Mn to KES 364.33Mn.
The banking sector produced the day’s top three movers, with Equity Group, Absa Bank, and KCB Group recording turnovers of KES 128.73Mn, KES 43.32Mn, and KES 32.71Mn, respectively.
Foreign activity shrank to 6.9%, with a net foreign outflow of KES 5.69Mn. Kenya Power experienced a net foreign inflow, while BAT had a net foreign outflow.
Secondary bonds’ turnover spiked by 1,269.9% from KES 836.35Mn to KES 11.46Bn as investors begin cashing in on the recently auctioned papers. FXD1/2018/25yrs, reopened in June 2026, was the most traded, with KES 2.00Bn in turnover.
CBK reopened two more papers for the month of June, FXD1/2018/020(11.8-years, 13.2000% coupon) and FXD1/2021/025(20-years, 13.9240% coupon), targeting 60Bn from the market.
