Daily Market Brief
The overall market extended its downward momentum, with NASI dropping by 0.1%. NSE 10 and NSE 20 indices each declined by 0.6%, while NSE 25 fell by 0.5%. The banking sector also shed 0.4% on average.
Market activity eased by 30.5% to 15.06Mn shares from 21.68Mn, pushing the day’s turnover down by 34.0% to KES 510.88Mn.
Safaricom emerged as the day’s top mover with KES 161.14Mn in turnover, followed by KCB Group and Equity Group with a turnover of KES 113.01Mn and KES 109.26Mn respectively.
Secondary bond value traded fell by 35.8% to KES 9.8oBn, as the number of deals shrank by 19.7% to 204. The reopened FXD1/2026/30Yr was the most traded paper with KES 2.94Bn in turnover.
CBK reopened FXD3/2019/015yrs (7.8 years, 12.3400% coupon) and FXD1/2026/030yrs (29.5 years, 12.500%coupon) for the month of November, targeting 50Bn from the market. The primary auction is scheduled for Wednesday, 4th November 2026.
