Daily Market Brief
Stocks were further up 0.5% on Wednesday, 13th August 2025, still supported by the ongoing earnings season and the continued interest rates cuts.
Shares traded accelerated up 66.0% from 14.51Mn to 24.09Mn shares to push the value trade 21.4% up to KES 448.26Mn. KCB Group emerged top mover with KES 118.00Mn from 1.46Mn shares.
Foreign activity doubled up from 15.7% on Tuesday to close Wednesday at 37.8%.
Secondary bonds market value traded declined 3.2% from KES 6.76Bn to KES 6.55Bn on a 33.3% drop in the number of deals traded from 156 to 104 deals.
Elsewhere, the Central Bank’s Monetary Policy Committee cut the base lending rate by 25.0bps from 9.75% to 9.50% for the seventh consecutive time.
