The Kenyan market closed on a bearish note, with major indices dipping as the Nairobi All-Share Index shed 1.4%. Despite the downward trend, market activity strengthened, driven by a 4.8% rise in equity turnover to KES 836.18 million. Foreign investor appetite improved significantly, shifting from previous-session outflows to net inflows of KES 101.24 million.
Kenya Power led trading activity, contributing nearly a quarter of total equity turnover, while Uchumi, Eaagads, and Centum topped the gainers list. On the downside, KenGen, East African Portland Cement, and Unga Group recorded the steepest declines of the day.
In the global landscape, U.S. markets traded mixed ahead of key inflation data, while oil prices climbed as geopolitical tensions between Russia and Ukraine intensified. Locally, bond turnover rose 14.8% driven by strong performance in FXD papers while derivative contracts surged sharply in value and volume.
For full sector-by-sector performance, detailed statistics, and global insights, readers can explore the full Market Rockers Report. 5th December 2025- Market Rockers Report