Daily Market Brief
The stock market edged down by 1.0% with NSE10 counter having the largest drop of 1.4% followed by NSE 20 and NSE 25 counters with declines of 0.9% and 1.2% respectively. The banking sector shrunk by 1.5% on average.
Shares traded contracted by 12.7% from 25.73Mn to 22.47Mn shares resulting in a drop in the day’s turnover from KES937.42Mn to KES 572.48Mn. Market concentration was in the telecommunication and banking sector which moved KES 444.56Mn and KES 79.28Mn in turnover respectively.
Safaricom was the top mover of the day with KES 444.56Mn in turnover after 14.99Mn shares changed hands. The second and third top movers of the day were KCB group and Co-operative bank with turnovers of KES 26.71Mn and KES 19.19Mn respectively.
Foreign activity surged to 33.7% as net foreign outflows diminished to KES 57.05Mn. Major net foreign inflows happened on Jubilee Holdings, Cooperative bank and Diamond Trust Bank Kenya while net foreign outflows happened on Safaricom, BAT and Equity Group.
Secondary bonds’ turnover dwindled by 39.8% to KES 6.50Bn due to the settlement of the two November papers that happened today, 24th November 2025. The most traded paper was FXD1/2012/15yr despite an increase in its yield to 9.7750% from 9.5659%.
