Market Overview
The Nairobi Securities Exchange recorded another decline in benchmark indices on 17th February 2026. However, trading activity surged significantly, and foreign outflows reduced sharply suggesting a potential shift in investor positioning.
Performance Snapshot
-
NASI: 215.05 (-0.4%)
-
Equity Turnover: KES 2.07 Billion (+54.6%)
-
Market Capitalization: KES 3,393.74 Billion (-0.4%)
-
Net Foreign Outflows: KES 31.99 Million
-
Banking Sector Index: +0.6%
Despite the index decline, the sharp rise in turnover indicates renewed trading interest, particularly in large-cap counters.
Top Gainers
-
Eaagads Plc (+9.6%)
-
Crown Paints (+9.3%)
-
Unga Group (+9.1%)
-
Uchumi Supermarkets (+7.4%)
-
Britam Holdings (+7.0%)
Top Losers
-
Longhorn Publishers (-6.3%)
-
Car & General (-3.5%)
-
Express Kenya (-2.6%)
-
Safaricom (-2.1%)
Trading Activity & Sector Insights
-
Stanbic Holdings dominated trading, contributing 53.7% of total turnover (KES 1.11 Billion) and closing 4.5% higher at KES 256.25.
-
Foreign investor participation increased to 63.5%, while local participation declined to 36.5%.
-
The banking sector showed resilience, closing in positive territory.
Market Insight
Although indices remain under pressure, improved liquidity and a significant reduction in foreign outflows suggest emerging stabilization. Increased foreign participation and strong performance in select banking counters may provide directional support in the near term.
Read more : 17th February 2026- Market Rockers Report
