Daily Market Brief
The overall market gained 0.3%, largely attributed by large cap counter that improved by 0.7%. NSE 20 and NSE 25 counters rose by 0.1% and 0.6% respectively. Banks jumped by 0.8% on average.
Volumes traded attracted a 20.6% improvement to 9.92Mn from 8.22Mn shares constituting to a 76.7% surge in turnover from KES 206.84Mn to KES 365.40Mn.
Jubilee Holdings was the day’s top mover with a turnover of KES 132.27Mn after 0.40Mn shares were traded. The second and third top movers of the day were Safaricom and Equity Group with turnovers of KES 99.62Mn and KES 32.79Mn respectively.
Foreign activities dropped from 24.7% to 17.5% with a slight drop in net foreign outflow from KES 131.73Mn to KES 66.53Mn. Major net foreign outflows were noted on Safaricom and Equity Group while net foreign inflows happened on TPS Eastern Africa Ltd.
Secondary bonds’ turnover sunk by 46.8% from KES 7.36Bn to KES 3.92Bn whereas a 43.0% decline in number of deals was noted. The most traded paper was FXD1/2021/25yr with a turnover of KES801.0Mn.
The Central Bank of Kenya re-opened two papers for January 2026 primary auction, FXD1/2019/020 (13.2-years, 12.873% coupon) and FXD1/2022/025 (21.8-years, 14.188% coupon), targeting KES 60Bn for budgetary support. At the same time, they announced a Switch of KES 20.00Bn from FXD1/2016/010 (0.6-years, 15.0390% coupon) to FXD1/2022/015 (11.3-years, 13.9420% coupon).
