Daily Market Brief
The stock market had a 0.1% gain, largely attributed by large-cap counters which improved by 0.2%. NSE 25 rose by 0.1% while the banking sector edged up by 0.2% on average. However, NSE 20 dropped by 0.1%.
The day’s turnover sunk by 5.2% from KES 675.72Mn to KES 640.59Mn despite a 2.5% jump in share traded from 17.02Mn to 17.45Mn shares.
Equity Group was the top mover of the day with KES 178.93Mn in turnover brought about by a spike in foreign activity from 0.6% to 34.7%. Safaricom and Stanbic came 2nd and 3rd with turnovers of KES 128.20Mn and KES 92.24Mn respectively.
Foreign activity rose from 11.7% to 31.4% with a net foreign inflow of KES 34.97Mn from a net foreign outflow of KES 161.05Mn. Major net foreign outflows were experienced on Stanbic and Safaricom while net foreign inflows were noted on Equity Group and Kenya Power.
Secondary bonds’ turnover fell by 34.3% from KES 17.39Bn to KES 11.43Bn.The most traded paper was IFB1/2018/15yr with a turnover of KES4.10Bn as its yield moved down from 11.4699% to 11.4528%.
The Central Bank of Kenya re-opened two papers for February 2026 primary auction, FXD3/2019/15 (8.4-years, 12.340% coupon) and FXD1/2018/25 (17.3-years, 13.400% coupon), targeting KES 50 billion for budgetary support.
