Daily Market Summary & Key Highlights
The Kenyan equities market remained under pressure as bearish sentiment persisted, driven largely by sustained foreign investor outflows and cautious global market conditions. Despite the decline in headline indices, trading activity picked up significantly, signaling selective investor interest in specific counters.
Key Market Highlights
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All major NSE indices declined by 0.2%, with the Nairobi All Share Index (NASI) closing at 193.43.
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Equity turnover surged 126.4% to KES 750.45 million, indicating increased market participation.
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Foreign investors recorded net outflows of KES 273.12 million, deepening bearish pressure.
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Safaricom Plc was the most actively traded stock, accounting for 23.1% of total market turnover.
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Market capitalization edged lower to KES 3.05 trillion, reflecting broad-based price declines.
Top Movers
Top Gainers
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Kenya Airways (+7.8%)
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Standard Group (+5.4%)
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WPP Scangroup (+4.3%)
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ABSA New Gold ETF (+3.1%)
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Kenya Power (+2.8%)
Top Losers
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Uchumi Supermarkets (−5.3%)
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Longhorn Publishers (−4.5%)
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Shri Krishana Overseas (−4.2%)
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Flame Tree Group (−2.8%)
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Satrix MSCI World Feeder ETF (−2.8%)
Fixed Income & FX Snapshot
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Bond turnover declined 18.1% to KES 17.69 billion, with reduced trading activity across tenors.
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The 91-day Treasury bill rate eased to 7.70%, reflecting stable liquidity conditions.
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The Kenya Shilling traded mixed against major currencies, weakening slightly against the Euro and Sterling Pound.
Global Market Overview
Global markets recorded sharp losses amid renewed geopolitical and trade tensions. U.S. equities posted their worst session since October, while risk-off sentiment boosted demand for gold and crude oil, with WTI crude rising 1.6% to USD 60.34 per barrel.
Outlook
Near-term market performance is expected to remain cautious as investors monitor global developments, foreign flow trends, and upcoming corporate actions. Selective stock picking and defensive positioning are likely to dominate trading behavior.
Read more: 21st January 2026- Market Rockers Report
