NSE closed lower on Fri 9 Oct 🇰🇪
📉 NASI -0.17% to 244.93, its fifth straight daily decline
📉 NSE 20 -0.18%, NSE 10 -0.09%, NSE 25 -0.05%
🟢 I&M +2.6% to KES 87.50, leading turnover at KES 88.9M
🔴 Safaricom -0.28% to KES 35.75
💰 Turnover fell 23.2% to KES 329.88M
#NSE #Kenya
NSE weekly wrap, 25 Sept – 2 Oct 🇰🇪
📉 NASI -0.48% to 247.32
📉 NSE 20 -0.92%, NSE 25 -0.86%, NSE 10 -0.73%
🏦 Banking index -1.33%
🟢 Nairobi Business Ventures +6.2%, Nation Media +5.6%, Crown Paints +5.2%
🔴 Uchumi -12.9%, WPP Scangroup -5.4%, Sameer Africa -5.3%
💰 Turnover: KES 2.27B
#NSE #Kenya
📈NSE Market Activity
Here’s everything you need to know:
▪️Daily equity turnover nearly doubled to KES 1.82 Billion across 13,098 deals as big institutional volume hit the floor.
▪️Total NSE market capitalization expanded by KES 8.21 Billion to close the session at KES 4.126 Trillion.
▪️Broad market sentiment ticked higher as the NSE All Share Index (NASI) gained +0.49 points to settle at 245.91.
▪️$SFAF took center stage after the High Court quashed the planned government sale of a 15% stake back to Vodacom.
▪️$EQTY and $KCB maintained strong order book dominance, absorbing massive volume despite sector-wide profit taking.
▪️The Banking Sector Index shed -2.32 points to land at 286.20 as traders locked in recent gains.
▪️Agricultural counters saw selective gains, led by $Eaagads surging +5.35% to KES 29.55 and $Limuru Tea up +1.90%.
▪️Derivatives trading activity jumped sharply, recording KES 4.51 Million in turnover with open interest rising to 20,956 contracts.
▪️Investors are eyeing upcoming inflation reads and EPRA's latest fuel pricing cycle for macro guidance.
▪️The benchmark NSE 20 Share Index eased -17.96 points to close at 4,301.86.
Are you stacking blue chips on this dip or holding cash?
📈NSE Market Activity
Here’s everything you need to know:
▪️Daily equity turnover nearly doubled to KES 1.82 Billion across 13,098 deals as big institutional volume hit the floor.
▪️Total NSE market capitalization expanded by KES 8.21 Billion to close the session at KES 4.126 Trillion.
▪️Broad market sentiment ticked higher as the NSE All Share Index (NASI) gained +0.49 points to settle at 245.91.
▪️$SFAF took center stage after the High Court quashed the planned government sale of a 15% stake back to Vodacom.
▪️$EQTY and $KCB maintained strong order book dominance, absorbing massive volume despite sector-wide profit taking.
▪️The Banking Sector Index shed -2.32 points to land at 286.20 as traders locked in recent gains.
▪️Agricultural counters saw selective gains, led by $Eaagads surging +5.35% to KES 29.55 and $Limuru Tea up +1.90%.
▪️Derivatives trading activity jumped sharply, recording KES 4.51 Million in turnover with open interest rising to 20,956 contracts.
▪️Investors are eyeing upcoming inflation reads and EPRA's latest fuel pricing cycle for macro guidance.
▪️The benchmark NSE 20 Share Index eased -17.96 points to close at 4,301.86.
Are you stacking blue chips on this dip or holding cash?
Africa’s largest oil refinery delivered a landmark financial turnaround in the first half of 2026, posting $13.91 billion in revenue and $1.82 billion in net profit. Financial statements released ahead of its stock market debut show Dangote Petroleum Refinery more than doubled its sales volume for petrol and diesel as processing testing hit 700,000 barrels per day, transforming the mega-project into a cash-generating engine.
Africa's biggest IPO is live 🚨 Dangote Petroleum Refinery opened a $1.6B share sale Monday on the Nigerian Exchange — the largest public offering in African history, valuing the refinery at $49B.
Here is a Breakdown of Shareholding
Here’s everything you need to know:
And that’s just ONE trading day.
Are you stacking bank equities or holding cash this week?
Local investors expanded their stake in Co-operative Bank of Kenya by 98.97 million shares, bringing total domestic ownership to 83.21%.
Today, September 10, marks the books closure date for Standard Chartered Bank Kenya’s 2026 interim dividend. Investors holding shares at the close of trading qualify for the KES 8.50 per share payout, with disbursements scheduled for on or around September 24.
The Nairobi Securities Exchange (NSE) has granted conditional approval for the listing and admission of the Wall Street Africa Banking Index Exchange Traded Fund (WSA Banking ETF) on the Main Investment Market Segment (MIMS).
This represents a major milestone in launching Kenya’s first locally domiciled ETF, expanding the selection of available investment products within the country's capital markets.
Following a review of the listing application and supporting documentation, the NSE issued its conditional approval, with final admission to trading pending the fulfillment of standard operational and listing requirements. This step follows formal approval from the Capital Markets Authority (CMA) granted on July 23, 2026.
Retail investment in Kenya is accelerating rapidly. The number of unit trust investors has surged to 4.15 million, up from 2.45 million a year ago (+69.4% YoY). Driven by digital onboarding and competitive yields relative to traditional bank deposits, Kenyans are actively leveraging Collective Investment Schemes for passive income growth.
Looking at the Top 5 banking sector gainers YTD, this is more than just a rally, it’s a serious bull run.
✅I&M +92.6%
✅DTB +68.1%
✅Co-op +61.0%
✅Equity +58.8%
✅BK Group +52.9%
Over Tim Cook's 15-year tenure as CEO, Apple stock delivered an extraordinary total return of approximately 2,736%, propelling the company's valuation from $350 billion to over $4 trillion.
Safaricom PLC has commenced early electronic disbursements of its KSh 46.08 billion final dividend to shareholders ahead of the official September 4, 2026 payment schedule.