Kenya’s equities market extended its bullish momentum on December 17, 2025, supported by strong index performance and a notable rise in trading activity. Market turnover surged, driven largely by heavyweight counters, while local investors dominated participation despite renewed foreign selling pressure. The banking sector outperformed, leading gains across indices, as select stocks posted strong price appreciation. Globally, markets were mixed amid macroeconomic uncertainty, while fixed income and derivatives activity moderated.
Key Market Highlights
Equities Market
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The Nairobi All Share Index (NASI) rose by 0.8% to close at 180.77, maintaining the positive market trend
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Total equity turnover increased by 55.6%, reaching KES 822.24 million, signaling heightened market participation
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Local investors accounted for 64.3% of market activity, while foreign participation stood at 35.7%
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Foreign investors recorded net outflows of KES 183.44 million, reversing the previous session’s inflows
Top Traded & Market Movers
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Safaricom Plc was the most actively traded stock, contributing 46.4% of total market turnover, with prices closing flat at KES 28.00
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Top gainers included:
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Longhorn Publishers (+9.5%)
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East African Portland Cement (+8.5%)
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NCBA Group (+6.3%)
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Top losers were led by:
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Uchumi Supermarkets (-10.0%)
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Kakuzi Plc (-3.0%)
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Umeme Ltd (-2.6%)
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Sector Performance
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The Banking Sector Index gained 1.8%, outperforming the broader market on strong investor interest in major lenders
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Industrial, manufacturing, and agricultural sectors recorded mixed performance, with selective stock-specific gains
Fixed Income & Derivatives
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Bond market turnover declined by 5.4% to KES 14.70 billion, with fixed coupon instruments accounting for the bulk of activity
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Treasury bill yields remained largely stable, with marginal declines across tenors
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Derivatives market activity softened, although open interest increased, suggesting sustained investor positioning
Global Markets Overview
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Global equity markets closed mixed amid concerns over economic data and profit-taking activity
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Oil prices edged lower on easing geopolitical tensions, while currency markets recorded modest movements
Read more 17th December 2025- Market Rockers Report
