Daily Market Brief
Equity prices edged up 0.4% on average as measured by Nairobi All Share Index. NSE 25 gained the most at 0.6% followed by NSE 10 and NSE 20 with 0.2% gains each. Moreover, the banking sector rose by 0.6% on average.
Shares traded contracted by 38.1% from 32.61Mn to 20.19Mn shares resulting in a drop in turnover by 42.9% from KES 1033.89Mn to KES 590.31Mn.
Absa Gold was the top mover with KES 398.40Mn in turnover as its price jumped by 4.7% from KES 5985 to KES 6265 per share. Equity Group and KCB Group followed with turnovers of KES 157.04Mn and KES 102.90Mn respectively.
Foreign activity surged from 21.8% to 29.2% as net foreign inflows pushed to KES 509.15Mn. Major net foreign inflows happened on Absa Gold and Equity Group while net foreign outflows happened on Nairobi Securities.
Secondary bonds’ turnover sunk by 41.0% from KES 17.85Bn to KES 10.53Bn whereas number of deals dropped by 5.1% to 205. FXD1/2020/15Yr was the most traded paper despite its yield rising to 12.8591% from 12.6650%.
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.
