Daily Market Brief
The overall market declined by 0.8% on the 11th of November 2025, as measured by the Nairobi All-Share Index. NSE 10 contracted by 1.1% followed by NSE 20 and NSE 25 counters with a drop of 1.0% each. Banks shrunk by 1.1% on average.
Volumes traded jumped by 102.3% to 44.80Mn from 22.14Mn shares constituting to a 180.7% growth in market turnover from KES 434.94Mn to KES 1220.74Mn.
Safaricom retained the top mover position with KES 797.29Mn in turnover after a significant increment in shares traded from 4.21Mn to 27.54Mn. KCB Group and Absa Bank were the 2nd and 3rd top mover with a turnover of KES 134.05Mn and KES 44.44Mn respectively.
Foreign activities shot up from 36.7% to 59.9% with an increase in net foreign outflow from KES42.31Mn to KES 177.95Mn. Major net foreign inflows happened on Equity Group and Kenya Power while net foreign outflows were noted on Safaricom and EABL.
Secondary bonds more than doubled in turnover from KES 6.99Bn to KES14.46Bn due to the November papers entering the secondary market. The November papers, FXD1/2012/020 (7.0-years, 12.000% coupon) and FXD1/2022/015 (11.4-years, 13.942% coupon) were the most traded as investors cash in.
CBK 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.
