Daily Market Brief
Stock prices rose marginally by 0.1% as measured by the Nairobi All Share Index, with NSE 10 and NSE 20 improving by 0.1% and 0.3% respectively. NSE 25 recorded a 0.2% gain while the banking sector grew by 0.8% on average.
Shares traded shrank by more than a half from 101.0Mn to 19.09Mn shares constituting to an 86.5% decline in turnover from KES 4436.29Mn to 600.28Mn.
Safaricom retained the top mover position with a turnover of KES 244.56Mn. The second and third top movers of the day were Equity Group and KCB Group with turnovers of KES 91.07Mn and KES 88.76Mn respectively.
Foreign activities dwindled from 90.1% to 23.3% with a slight decline in net foreign inflow to KES 157.99Mn from KES 190.92Mn. Net foreign inflows were noted on Safaricom and KCB Group while heavy net foreign outflows happened on KenGen.
Secondary bonds’ turnover diminished by 29.7% to KES 9.55Bn from KES 13.59Bn .FXD1/2012/15Yr was the most traded with a turnover of KES 4.0Bn as its yield shifted down from 10.8500% to 9.8999%.
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).
