Daily Market Brief
Stocks experienced additional losses on Monday, 14th April 2025, shedding 0.9% on what remains to be a global impact of the sustained tariff fears fronted by the US. NSE 10 lost the most on heavy foreign presence on its constituent counters. NSE 25 and NSE 20 lost 0.9% and 0.4%, respectively.
Shares traded also declined 34.4% from 19.88Mn shares to 13.04Mn shares. The market turnover however improved 6.8% from KES 234.03Mn to KES 249.90Mn, on high value tickers traded.
Foreign participation rose marginally from to 37% with a net foreign outflow of KES 21.91Mn in relation to a 36.9% foreign activity of KES 113.00Mn net foreign inflows traded last Friday.
Secondary bond activity dwindled 38.8% to trade only 85 deals of KES 2.38Bn compared to 139 deals of KES 6.84Bn traded last Friday.
The market focus shifted to short-term papers, FXD3/2019/10 (4.1-years) and FXD1/2019/10 (3.6-years) emerged the top two movers with KES 637.00Mn and KES 500.00Mn, respectively.
