The Kenyan equities market recorded a subdued trading session as cautious investor sentiment persisted. The Nairobi All Share Index (NASI) closed marginally higher at 193.84, reflecting a 0.1% gain, while market turnover declined significantly, signalling reduced trading activity.
Foreign investors continued to offload positions, registering net outflows of KES 2.39 million, although this marked an improvement from the previous session. Equity Group Holdings Plc dominated market activity, contributing nearly a third of total equity turnover despite a slight price dip.
On the fixed income front, activity strengthened considerably, with bond turnover increasing by 39.8% to KES 21.60 billion, driven largely by increased participation in fixed coupon instruments. The FXD segment accounted for the majority of large-value trades.
Global markets were relatively quiet, with US equities closed for a public holiday. Meanwhile, oil prices edged higher following positive Chinese GDP data, though geopolitical tensions continued to cap gains.
Market Highlights
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NASI up 0.1% to 193.84
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Equity turnover down 39.2% to KES 331.52 Mn
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Net foreign outflows of KES 2.39 Mn
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Equity Group leads trading with 28.9% market share
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Bond turnover rises to KES 21.60 Bn
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ABSA New Gold ETF tops gainers with a 74.4% surge
This report provides a comprehensive overview of equities, fixed income, derivatives, exchange rates, and key capital market developments shaping the investment landscape.
Read more: 20th January 2026- Market Rockers Report
