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:
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Uchumi Supermarkets (+9.0%)
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WPP Scangroup (+7.9%)
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Unga Group (+6.7%)
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Kenya Airways (+5.9%)
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Stanbic Holdings (+4.8%)
Top Losers:
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East African Portland Cement (-8.1%)
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Standard Group (-3.5%)
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Eaagads Plc (-3.5%)
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Sanlam Kenya (-3.2%)
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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
