Daily Market Brief
The stock market shed 0.1% on average as measured by NASI. NSE 10 had a 0.2% gain while NSE 20 index stabilized at 3267.95 points. NSE 25 counter had a 0.3% contraction as the banking sector shrunk by 0.3% on average.
Volume traded grew by 57.9% from KES 17.02Mn to KES 26.87Mn constituting to a 76.0% surge in the day’s turnover from 640.59Mn to 1127.60Mn. Market concentration was mainly in the banking and telecommunication sectors which had KES 786.82Mn and KES 200.25Mn in turnover respectively.
KCB Group was the day’s top mover with KES 429.99Mn in turnover while Stanbic and Safaricom came in 2nd and 3rd with KES 212.20Mn and KES 200.25Mn in turnover respectively.
Foreign activity dropped to 25.5% from 31.4% with a net foreign outflow of KES 61.35Mn. Stanbic recorded a net foreign inflow while Safaricom and Absa Gold experienced net foreign outflows.
Secondary bonds’ turnover sunk by 21.7% to KES 8.94Bn from KES 11.43Bn while number of deals declined from 203 to 178. IFB1/2018/15yr, an infrastructure bond, was the most traded paper with a turnover of KES 3.48Bn.
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.
