Daily Market Brief
The overall market rose by 0.3% with major upticks of 0.5% on NSE 10 counters. NSE 20 and NSE 25 counters gained 0.5% and 0.3% respectively. Banks improved by 0.4% on average.
Value traded dropped by 8.3% from KES 1127.60Mn to KES 1033.89Mn despite a 21.3% surge in shares traded from 26.87Mn to 32.61Mn. Market focus was mainly in the banking and telecommunication sectors which had KES 430.37Mn and KES 262.81Mn in turnover respectively.
Safaricom emerged as the day’s top mover with KES 262.81Mn in turnover while EABL and Equity Group came in 2nd and 3rd with KES 212.06Mn and KES 186.24Mn in turnover respectively.
Foreign activity contracted to 21.8% from 25.5% with a net foreign inflow of KES 106.64Mn. Equity Group recorded major net foreign inflows while BK Group, BAT and EABL experienced net foreign outflows.
Secondary bonds’ turnover shot up by more than a half to KES 17.85Bn from KES 8.94Bn while number of deals grew from 172 to 216. FXD1/2011/20yr was the most traded paper with a turnover of KES 3.55Bn.
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.
