Daily Market Brief | 13 May 2025

Daily Market Brief

Stocks further rallied up 1.3% on overall with nearly all the listed sectors recording some growths. NSE 10 gained the most at 1.1% followed by NSE 25 and NSE 20 at 0.8% and 0.2% gains.

Shares traded nearly tripled from 23.00Mn to 66.5Mn shares to push the value traded 259.7% up from KES 369.71Mn to KES 1,329.82Mn. Attention remained in the Banks and Safaricom which moved KES 536.67Mn and KES 483.72Mn, respectively. Safaricom however, emerged the top mover with KES 483.72Mn from 25.39MN shares whose price surges 2.4% to KES 19.05 per share, largely supported by its recent financial results.

Secondary bonds market activity edged up to exchange hands KES 14.77Bn from 219 deals, a 274.1% higher from that of KES 3.95Bn of 78 deals traded the day before.

The re-opened FXD1/2022/25 remained the most traded paper with KES 5.33Bn turnover to account for 36.1% of the market value, while it’s yield to maturity fell 31.9bps from 14.5055% to 14.1864%. Its counterpart, FXD1/2012/20, also re-opened in May 2025, came second with a total of KES 3.89Bn being exchanged as its yield moved down 29.4bps from a primary accepted yield of 13.6489% to trade at 13.3554%.

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Daily Market Brief - 13 May 2025 - Pergamon Investment Bank

About Report

Daily Market Brief
May 13, 2025

Overview

Stocks further rallied up 1.3% on overall with nearly all the listed sectors recording some growths. NSE 10 gained the most at 1.1% followed by NSE 25 and NSE 20 at 0.8% and 0.2% gains.