The Nairobi Securities Exchange extended its bearish momentum in today’s trading session, with key indices closing lower amid declining turnover and sustained foreign investor outflows. The Nairobi All Share Index (NASI) dipped 0.6% to 209.88, while total equity turnover fell 6.3% to KES 698.29 million.
Foreign investors remained net sellers, recording outflows of KES 204.55 million compared to KES 47.44 million in the previous session. Market participation remained largely local at 65.3%, with foreign participation accounting for 34.7%.
In the fixed income market, bond turnover surged 38.3% to KES 28.97 billion, signaling increased activity in government securities. Globally, major U.S. indices retreated, while oil prices strengthened on geopolitical tensions in the Middle East.
Key Highlights
Equities Market
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NASI declined 0.6% to 209.88.
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NSE-10, NSE-20, NSE-25 all closed lower, reflecting broad-based weakness.
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Equity turnover decreased to KES 698.29 million.
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Net foreign outflows widened to KES 204.55 million.
Top Movers
Top Gainers:
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Shri Krishana Overseas Plc ▲ 9.5%
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Uchumi Supermarkets ▲ 7.0%
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Centum Investments ▲ 3.0%
Top Losers:
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Sasini ▼ 8.4%
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Eveready Plc ▼ 7.5%
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Crown Paints ▼ 4.4%
Most Traded Counters
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BK Group Plc – 23.3% of total market turnover (KES 162.87 million)
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Safaricom Plc – 19.6% of total turnover
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KCB Group Plc – 13.8% of total turnover
Fixed Income Market
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Bond turnover increased to KES 28.97 billion.
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FXD segment accounted for 68.83% of trades above KES 50 million.
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Treasury bill yields eased slightly across the 91-day, 182-day, and 364-day tenors.
Global Markets
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U.S. markets closed lower:
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Dow Jones ▼ 0.5%
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S&P 500 ▼ 0.5%
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Nasdaq ▼ 0.3%
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Oil prices gained on renewed geopolitical tensions, with WTI crude rising 2.1%.
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U.S. dollar index strengthened marginally.
Currency Update
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USD/KES remained stable at 129.02.
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Euro and Sterling posted slight gains.
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Regional currencies showed mixed performance.
Capital Markets News
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NCBA Group Plc – Public announcement
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Safaricom Plc – Interim dividend notice
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Standard Group Plc – Suspension of previously proposed rights issue
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Umeme Limited – Profit warning
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KenGen Plc – Unaudited half-year financial results (Dec 2025)
For more insights and detailed sector analysis 20th February 2026- Market Rockers Report