Daily Market Brief
The equities market posted a 0.4% expansion, as measured by the Nairobi All Share Index. NSE 20 and NSE 25 counters shot up by 0.7% and 0.1% respectively while banks expanded by 1.1% on average.
Volumes traded soared by 591.6% to 101.0Mn from 14.60Mn constituting to a 673.9% surge in turnover from KES 573.23Mn to KES 4436.29Mn.
Safaricom retained the top mover position with KES 1550.06Mn in turnover after a jump in shares traded from 5.60Mn to 54.97Mn as well as an increase in its share price by 0.7% from KES 28.00 t0 KES28.20 per share. Equity Group and KCB Group took 2nd and 3rd mover positions with KES 1358.61Mn and KES 1080.73Mn in turnover respectively.
Foreign activities spiked from 19.9% to 90.1% with a significant jump in net foreign inflows to KES 190.92Mn from a net foreign outflow of KES 46.72Mn. Major net foreign inflows were experienced on Safaricom, Equity Group and KCB Group while net foreign outflows happened on Kenya Power.
Secondary bonds’ turnover grew by 11.6% from KES 12.18Bn to KES 13.59Bn while number of deals dropped from 230 to 167.The most traded paper was FXD1/2012/15yr with a turnover of KES3.0Bn.
The Central Bank of Kenya re-opened two papers for January 2026 primary auction, FXD1/2019/020 (13.2-years, 12.873% coupon) and FXD1/2022/025 (21.8-years, 14.188% coupon), targeting KES 60 billion for budgetary support. At the same time, they announced a Switch of KES 20.00Bn from FXD1/2016/010 (0.6-years, 15.0390% coupon) to FXD1/2022/015 (11.3-years, 13.9420% coupon).
