Daily Market Brief
Local stocks were up 0.4% in average on Wednesday, 16th July 2025, as measured by the Nairobi-all-share index (NASI). NSE 25 gained 0.4% followed by NSE 10 at 0.3% while NSE 20 lost 0.3%.
Shares traded improved 8.7% from 19.18Mn to 20.85Mn shares to push the value traded 13.7% up from KES 422.99Mn to KES 480.90Mn. Equity Group emerged the day’s top mover with KES 291.46Mn from 5.89Mn shares whose price stabilized at KES 49.45 per share.
Foreign participation shrunk from 29.7% to an average of 8.8% with an improved net foreign inflow of KES 49.95Mn compared to a net foreign outflow of KES 119.40Mn transacted on Tuesday.
The Nairobi Securities Exchange (NSE) market reached a milestone, listing a new exchange traded fund, Satrix MSCI World Feeder, with an initial offering of 6 million units priced at KES 761.00 per unit. The listing provides a global reach in the local currency as its tracks large and mid-capitalization companies in advanced economies.
Secondary bond trading activity remained active to trade KES 18.82Bn, 7.9% lower compared to KES 20.44Bn traded on Tuesday.
Heavy bonds activity remained on the FXD1/2018/25 (17.9-years paper auctioned last week) which traded KES 4.77Bn as its yield to maturity (YTM) edged up marginally from 14.0838% to 14.1127%. This is as some investors cashed in after last week’s primary auction where the average YTM accepted was 14.3475%.
