The Kenyan capital markets posted a mixed performance on December 10, 2025, with equities trading lower overall despite selective strength across major indices. The Nairobi All-Share Index (NASI) closed slightly lower at 176.77, while the NSE-10, NSE-20, and NSE-25 indices registered marginal gains, reflecting cautious but targeted investor activity.

Market turnover fell sharply by 23.6% to KES 1.22 billion, even as foreign investor participation strengthened net inflows surged to KES 254.56 million, signaling renewed offshore interest in local equities. Equity Group dominated market activity, accounting for 49.3% of total turnover.

Top Movers

• Top Gainers: Crown Paints (+6.6%), Kakuzi (+5.1%), Standard Group (+4.2%), BOC Kenya (+3.6%), and Home Afrika (+2.8%).

• Top Losers: Longhorn Publishers (-7.3%), Uchumi (-4.9%), Eaagads (-4.4%), ABSA New Gold ETF (-4.1%), and Sameer Africa (-3.0%).

Global & Macro Highlights

Global markets were mixed as U.S. investors awaited the Federal Reserve’s next rate decision, with markets pricing in an anticipated rate cut. Oil prices remained under pressure following reports of Ukraine presenting a revised peace proposal to the U.S.—a development that could ease geopolitical tensions and increase supply expectations.

Fixed Income Market

Bond turnover dipped by 3.0% to KES 14.89 billion, with IFB1/2022/18Yr and IFB1/2022/19Yr emerging as the most traded instruments. The 91-day and 182-day T-bill rates saw slight upward adjustments, while the 364-day rate eased marginally.

Derivatives Market

The derivatives segment recorded a notable rebound, with the total value of contracts rising to KES 2.85 million and total volumes increasing from 200 to 490 contracts, signaling growing investor engagement.

Currency Market

The Kenyan Shilling showed mixed movements across major global currencies, with slight appreciation against the USD, EUR, and GBP, and a mild decline against the Chinese Yuan and Indian Rupee.

Read more10th December 2025- Market Rockers Report

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For a detailed breakdown of market performance, equity trends, fixed-income movements, global market shifts, and sector-level analysis, please download our latest Market Rockers Report (December Edition).
Read the full report here 9th December 2025- Market Rockers Report

The Kenyan equities market closed the day lower, with the Nairobi All-Share Index (NASI) slipping by 0.3% as bearish momentum dominated the session. Market turnover fell sharply by 28.5% to KES 598.13 million, while foreign investors recorded net outflows of KES 37.86 million, reversing the previous session’s inflows.

KCB Group led market activity accounting for over half of the day’s equity turnover despite a slight price decline. Uchumi Supermarkets topped the gainers’ chart with a 10% surge, while Crown Paints led the day’s losers with a 7.4% drop.

Global markets were broadly positive, buoyed by softer U.S. inflation data which boosted expectations of an upcoming Federal Reserve rate cut. In commodities, oil prices continued climbing amid renewed geopolitical tensions involving Russia and Ukraine.

In the fixed-income market, bond turnover declined by 32.7%, with IFB1/2022/19Yr emerging as the most actively traded paper. Exchange rates remained stable with minor changes across major global currencies.

For readers interested in full sector breakdowns, detailed equity statistics, fixed-income trends, and global market insights, the complete report is available for download below. 8th December 2025- Market Rockers Report

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

Kenya’s equities market closed strongly bullish on December 4, 2025, with major indices posting notable gains and turnover rising sharply. The Nairobi All-Share Index (NASI) climbed by 1.8% to close at 182.08, while the NSE-10, NSE-20, and NSE-25 also advanced in a broad market uplift.

Equity turnover surged by an impressive 373.5% to KES 797.56 million, driven by heightened activity in large-cap counters. Safaricom Plc dominated trading, accounting for 56.3% of total market activity, with its share price rising 4.4% to KES 29.45.

Despite the bullish local performance, foreign investors were net sellers, recording KES 244.10 million in net outflows compared to a small inflow the previous session.

Top Movers

Top Gainers:

• Uchumi Supermarkets (+9.0%)

• WPP Scangroup (+7.9%)

• Unga Group (+6.7%)

• Kenya Airways (+5.9%)

• Stanbic Holdings (+4.8%)

Top Losers:

• East African Portland Cement (-8.1%)

• Standard Group (-3.5%)

• Eaagads Plc (-3.5%)

• Sanlam Kenya (-3.2%)

• BK Group (-2.7%)

Global and Macro Highlights

U.S. markets extended their rally as weak private payroll data strengthened expectations of a December Fed rate cut, boosting investor risk appetite.
Oil prices gained as peace talks between Russia and Ukraine stalled, reinforcing expectations that sanctions on Russian oil will remain in place, reducing oversupply risks.

Fixed Income Market

Bond turnover dipped slightly by 0.9% to KES 14.16 billion, though trading activity increased with 198 deals recorded. Key IFB bonds remained the most actively traded papers.

Derivatives Market

Derivative contracts posted higher activity, with total traded value rising to KES 521,211, and contract volumes increasing to 194.

Currency Market

The Kenyan Shilling weakened against most major currencies, including the USD, EUR, and GBP, reflecting global dollar sentiment and regional forex pressure.

Read more 4th December 2025- Market Rockers Report

Market Rockers Report 

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The Kenyan equities market posted a mixed but active trading session, with the Nairobi All Share Index (NASI) inching up 0.1% to close at 187.34. Market activity strengthened significantly, with equity turnover rising by 40.5% to KES 849.03 million, driven mainly by heavy trading in Safaricom, which accounted for 35.8% of the day’s activity.

Despite the increased turnover, foreign investors remained net sellers, registering net outflows of KES 109.84 million, a substantial jump from the previous session.

Top Movers

• Top Gainer: Uchumi Supermarkets (+10.0%)

• Top Loser: ABSA Kenya (–6.4%)

The banking sector showed resilience with notable gains in Co-operative Bank (+9.5%), even as major lenders like KCB and Equity recorded slight declines.
In the manufacturing and allied sector, East African Breweries dipped by 2.1%, while Crown Paints continued its strong upward trend.

Bonds & Fixed Income

Bond turnover declined by 25.0% to KES 11.65 billion, with IFB1/2022/19Yr emerging as the most traded paper. Short-term treasury bill rates remained relatively stable.

Global Markets

U.S. markets were mixed as investors rotated out of tech stocks ahead of expected government-shutdown resolution updates.
Oil prices weakened significantly, with WTI Crude down 4.2%, driven by oversupply concerns.

Currencies

The Kenyan Shilling remained broadly stable against major global currencies, with mild movements across the board.

For more insights 13th November 2025- Market Rockers Report

The Nairobi Securities Exchange (NSE) closed on a cautiously positive note, with the Nairobi All Share Index (NASI) edging up 0.01% to 183.23, while market turnover fell 16.7% to KES 559.92 million. Foreign investors turned bullish, posting net inflows of KES 5.46 million, reversing previous outflows.

Safaricom led trading activity, accounting for 43.4% of total turnover, closing steady at KES 29.50. Top gainers included Unga Group (+7.0%), Flame Tree Group (+5.6%), and Kapchorua Tea (+5.1%), while Africa Mega Agricorp (-10.0%) and TPS Eastern Africa (-9.2%) were among the top decliners.

In the bonds market, turnover surged 35.3% to KES 11.25 billion, with the IFB1/2022/19Yr issue dominating activity. The derivatives market also posted strong growth, with contract value rising to KES 3.28 million from KES 14,500 in the previous session.

Globally, U.S. equities maintained bullish momentum driven by optimism over U.S.-China trade relations, while oil prices dipped 1.7% amid expectations of increased OPEC+ production.

The banking sector remained resilient, led by KCB Group (+1.7%) and Equity Group (+0.8%), while KenGen and TotalEnergies boosted the energy and petroleum segment with notable price gains.

29th October 2025- Market Rockers Report

Kenya’s equities market closed the week on a bullish note as the Nairobi All Share Index (NASI) rose by 0.7% to close at 181.06, while the NSE-10 and NSE-20 indices gained 0.9% and 0.6% respectively. Despite the positive sentiment, market turnover fell sharply by 90.1% to KES 184.59 million, reflecting subdued trading activity.

Safaricom remained the day’s most traded counter, contributing 30% of total market activity with its share price rising 1.2% to close at KES 28.65. Among the top gainers were Total Kenya (+9.3%), Flame Tree Group (+8.7%), and Uchumi Supermarkets (+8.1%), while B.O.C Kenya (-8.6%), Kapchorua Tea (-7.8%), and Kakuzi (-4.7%) led the decliners.

In the fixed income market, bond turnover dropped 77.9% to KES 3.54 billion, with the IFB1/2022/19Yr issue emerging as the most actively traded paper. Treasury bill rates eased slightly across all maturities, reflecting improved investor appetite for short-term papers.

Globally, U.S. equities maintained their upward momentum on expectations that the Federal Reserve will continue its rate-cutting cycle following softer inflation data. Meanwhile, oil prices edged lower but remained supported after new U.S. sanctions on Russian oil firms.

Foreign investors continued to show caution, posting net outflows of KES 30.64 million, though significantly lower than the previous session.

27th October 2025- Market Rockers Report

Equities closed in positive territory, with the Nairobi All Share Index (NASI) up 0.4% to 178.36. However, market turnover fell by 12.8% to KES 865.23 Mn, reflecting lower trade activity. Foreign investors remained net sellers, posting KES 4.21 Mn in outflows, a significant improvement compared to the heavy withdrawals recorded in the previous session. Equity Group dominated the day, driving over 55% of total market turnover and closing unchanged at KES 60.00.

Globally, U.S. markets delivered a mixed performance  strength in the Dow driven by upbeat earnings from Coca-Cola and 3M was offset by Alphabet’s decline following competitive pressure from a newly announced AI browser. Oil rebounded as easing U.S.China trade rhetoric lifted sentiment and supported commodity demand expectations.

In the fixed income space, bond turnover surged by 664.8% to KES 20.83Bn, driven predominantly by heavy FXD segment trades. Short-term T-bill yields declined slightly across all tenors. Derivatives activity eased, with both contract value and volumes declining, though open interest continued to rise  indicating sustained positioning.

This edition also includes detailed gainers & losers, sector-level performance tables, derivatives market insights, exchange rates, and key corporate disclosures from the capital markets docket.

The Kenyan equities market closed on a positive note, with the Nairobi All Share Index (NASI) gaining 0.2% to 178.80. Despite the bullish close, equity turnover declined by 49% to KES 441.55 Mn, reflecting softer participation. Foreign investors remained net sellers, recording KES 74.70 Mn in outflows driven by renewed caution. Safaricom led market activity, contributing over 53% of total equity turnover and closing at KES 28.10 (+0.5%).

On the global scene, major U.S indices the Dow, Nasdaq, and S&P 500  closed lower following renewed U.S.China trade tension reports, while oil prices surged (+3.9%) on the back of stalled geopolitical diplomacy. In the fixed income market, bond turnover eased by 28.5% but T–bill yields declined across all maturities, reflecting improved demand for short-term paper.

This report also covers detailed sector updates, top gainers & losers, fixed income trends, derivatives performance, exchange rate movements, and major capital market disclosures.

23rd October 2025- Market Rockers Report