Daily Market Brief
Equities were up 0.1% as measured by the Nairobi All Share Index. NSE 10 gained 0.1% while NSE 20 and NSE 25 counters grew by 0.2% each. Banks recorded a 0.4% improvement on average.
Volumes traded jumped by 67.8% to 25.92Mn from 15.45Mn constituting to a 162.1% growth in turnover from KES 366.27Mn to KES 959.87Mn.
Safaricom retained the top mover position for the 3rd consecutive day with KES 259.09Mn in turnover after 8.84Mn shares changed hands. Absa Gold and Equity Group took 2nd and 3rd mover positions with KES 231.24Mn and KES 171.31Mn in turnover respectively.
Foreign activities surged to 40.7% with an increase in net foreign outflow to KES 873.68Mn from KES 39.12Mn. Net foreign inflows happened on Co-op Bank while net foreign outflows were experienced on Safaricom, Absa Gold, Equity Group and Stanbic.
Secondary bonds’ turnover sunk by 38.2% from KES 28.17Bn to KES 17.40Bn while number of deals rose from 239 to 249. FXD1/2022/25yr, re-opened in January 2026, was the most traded paper with a turnover of KES 4.12Bn.
The Central Bank of Kenya announced a Switch of KES 20.00Bn from FXD1/2016/010 (0.6-years, 15.0390% coupon) maturing on 17th August, 2026 to FXD1/2022/015 (11.3-years, 13.9420% coupon) in a move that is seen to re-structure its debts.
