Daily Market Brief
Stock prices sunk by 0.3% as measured by the Nairobi All Share Index. NSE 10 and NSE 25 counters shrunk by 0.4% each while NSE 20 rose by 0.2% .The banking sector contracted by 0.6% on average.
Shares traded surged by 28.4% from 20.19Mn to 25.93Mn constituting to a 50.1% jump in turnover from KES 590.31Mn to KES 886.21Mn. Market focus was in the banking and telecommunication sectors, with turnovers of KES530.09Mn and KES 179.54Mn in that order.
KCB Group emerged as the day’s top mover with a turnover of KES 295.39Mn. The second and third top movers of the day were Safaricom and Stan-Chart with turnovers of KES 179.54Mn and KES 87.84Mn respectively.
Foreign activity grew to 45.9% from 29.2% with a net foreign outflow of KES 47.38Mn. Net foreign inflows were noted on KCB Group while net foreign outflows happened on Safaricom and EABL.
Secondary bonds’ turnover edged up by 79.2% to KES 18.86Bn from KES 10.53Bn whereas number of deals rose by 9.8% from 205 to 225. FXD1/2021/25yr was the most traded with a turnover of KES 2.98Bn.
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.
