Daily Market Brief | 16 May 2025

Daily Market Brief

NSE stocks closed Friday with 0.7% up upside strongly supported by improved market sentiment especially on both Safaricom and the banking sector. Week on week, prices were up 5.8% as measured by the Nairobi all-share index, watch out for our weekly market report on Monday, 19th May 2025 for more.

Shares traded thinned 55.5% from 41.91Mn of KES 783.09Mn to 18.66Mn shares of KES 508.93Mn as the market activity remained quite erratic. Market focus remained on Safaricom which moved a total of 5.74Mn shares valued at KES 114.49Mn whose price gained marginally at 0.3% from KES 19.90 to KES 19.95 per share.

The secondary bonds market value exchanged relaxed down 48.8% to KES 5.05Bn as market deals declined to 231 deals from 266 deals of KES 9.88Bn transacted on Thursday, 15th May 2025.

IFB1/2022/14 emerged the day’s top mover after changing hands KES 824Mn while its yield to maturity moved up 100.2bps from 12.9361% to 13.9380%. This was even as high ticket value deals went missing, see page 2 for details.

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Daily Market Brief - 16 May 2025 - Pergamon Investment Bank

About Report

Daily Market Brief
May 16, 2025

Overview

NSE stocks closed Friday with 0.7% up upside strongly supported by improved market sentiment especially on both Safaricom and the banking sector. Week on week, prices were up 5.8% as measured by the Nairobi all-share index, watch out for our weekly market report on Monday, 19th May 2025 for more.