Bullish Week for NSE as Turnover Doubles and NASI Hits 170
The Nairobi Securities Exchange (NSE) closed the week ending August 25th, 2025 on a positive note, driven by strong local and foreign investor activity. The Nairobi All Share Index (NASI) rose by 0.7% to reach 170.03 points, a psychological milestone reflecting the growing market optimism.
Major indices tracked this momentum with the NSE 20 and NSE 25 rising 0.9% and 0.5% respectively. Market capitalization climbed to KES 2.69 trillion—adding fresh value to investors’ portfolios.
Turnover Doubles as Investors Return
Equity turnover surged by an impressive 103.3% to hit KES 830.47 million, showing renewed appetite for Kenyan equities. Foreign investor participation also picked up, making up 50.4% of total turnover. However, the session closed with net foreign outflows of KES 59.77 million, as global investors balanced local enthusiasm with global caution.
Safaricom Leads the Pack
Once again, Safaricom stood at the center of trading, contributing 32.7% of total market turnover, equivalent to KES 271.80 million. Though the stock edged lower by 0.2%, its liquidity and investor confidence remain unmatched. Other heavyweights in the top-traded list included KCB Group, Equity Group, NCBA Group, and ABSA Kenya.
Gainers & Losers: Eaagads Surges, Eveready Slumps
On the gainers’ chart, Eaagads Ltd stunned the market with a 50.7% weekly gain, cementing its position as the week’s top performer. Meanwhile, Eveready East Africa saw a 30.2% plunge, signaling volatility among small caps. Other winners included East African Cables, Olympia Capital, and Flame Tree Group—all reflecting strong industrial sector movements.
The losers’ board featured HF Group, Nation Media Group, and Crown Paints, indicating mixed investor confidence in financials and manufacturing segments.
Bonds & Derivatives Markets: Mixed Signals
The bonds market recorded a slowdown, with turnover dropping 43.5% to KES 4.55 billion. However, infrastructure bonds like IFB1/2023/6Yr and IFB1/2022/14Yr remained in high demand.
In the derivatives market, 14 contracts worth KES 510,100 were traded—mostly centered on Safaricom, showcasing a growing interest in hedging strategies.
Final Word
With strong momentum building, attention now shifts to corporate earnings announcements and global cues like NVIDIA’s results and U.S. Fed statements. The local market shows resilience, and if current trends hold, we may see NASI challenge new 2025 highs in the weeks ahead.
