Daily Market Brief
Stocks prices edged up 0.2% on average as measured by Nairobi All Share Index. NSE 20 gained the most at 0.4% followed by NSE 10 and NSE 25 with 0.2% and 0.3% gains respectively.
Shares traded contracted 32.0% from 21.44Mn to 14.58Mn shares resulting in a drop in the value traded by 18.2% from KES 479.84Mn to KES 392.41Mn. Market attention turned to Equity Group, Safaricom and Stan-Chart which emerged the day’s top movers.
Foreign activity rose significantly from 8% to 24% as net foreign outflows jumped to KES 65.10Mn. Major net foreign inflows happened on Equity Group while net foreign outflows happened on Safaricom.
Secondary bonds turnover sunk by 10.7% from KES 7.25Bn to KES 6.47Bn whereas number of deals dropped by 28.1%. IFB1/2018/15Yr was the most traded paper despite its yield rising to 12.069% from 11.9963%.
The primary auction for FXD3/2019/015 (8.7-years, 12.340% coupon) and FXD1/2022/025 (21.9-years, 14.188% coupon) is set to happen on Wednesday 19th November 2025. Watch out for our pre-auction advisory note.
CBK announced a Buyback offer for FXD1/2023/003 (6.7-Months – maturing on 11th May 2026) targeting to settle KES 30.00Bn out of the outstanding amount of KES 76.54Bn.
