The Nairobi Securities Exchange closed Friday, September 19, 2025, with mixed signals: while indices remained under pressure, activity levels picked up sharply, suggesting renewed investor participation.
The Nairobi All-Share Index (NASI) fell 0.9% to 173.50 points, extending Thursday’s losses. Similarly, the NSE-10 Index dropped 1.2% to 1,725.26 points, the NSE-20 Index fell 1.4% to 2,903.15, and the NSE-25 Index eased 1.2% to 4,499.62 points.
In contrast, market turnover jumped 52.0% to KES 573.3 million, showing a recovery in trading volumes. Market capitalization edged down by 0.9% to KES 2.73 trillion. However, sentiment was weighed down by heavy foreign investor outflows amounting to KES -23.56 million, reversing the previous day’s modest inflows.
On the upside, Limuru Tea continued its rally, gaining 9.9% to KES 340.75. Other top gainers included TPS Eastern Africa (+5.3%), Eaagads Plc (+5.0%), Kapchorua Tea (+5.0%), and Express Kenya (+4.6%). These counters saw strong investor demand, reflecting sector-specific confidence, particularly in agriculture and hospitality.
The laggards’ list was led by Home Afrika, which fell 9.7% to KES 1.12. CIC Group slumped 8.3% to KES 4.32, while ABSA Kenya Plc (-6.6%), Crown Paints (-4.1%), and Sanlam Kenya (-3.8%) also closed lower, weighed by selling pressure.
Friday’s session reinforced the ongoing bearish undertone in the market, though rising turnover suggests investors are still actively repositioning ahead of key economic and corporate developments.


