Market at a Glance
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Market sentiment turned bullish, with the Nairobi All Share Index (NASI) gaining 0.2% to close at 195.36.
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All major NSE indices closed higher, led by the NSE-10 and NSE-25 indices (+0.3% each).
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Market capitalisation rose by 0.2% to KES 3.08 trillion despite lower trading activity.
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Equity turnover declined sharply by 60.3% to KES 352.18 million, signalling cautious participation.
Investor Activity
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Foreign investors returned as net buyers, recording KES 7.0 million in net inflows after prior session outflows.
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Local investors dominated activity, accounting for 77.3% of market participation.
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Equity Group Holdings was the most traded counter, contributing 39.4% of total market turnover.
Top Movers
Top Gainers
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East African Breweries Plc (+5.4%)
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Uchumi Supermarkets Plc (+3.3%)
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Eveready East Africa Plc (+3.0%)
Top Losers
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Kenya Airways Plc (-6.8%)
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Olympia Capital Holdings Ltd (-6.1%)
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ABSA New Gold ETF (-5.5%)
Fixed Income & FX Markets
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Bond market turnover declined by 15.6% to KES 15.92 billion.
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Treasury bill yields were mixed, with the 91-day rate easing while longer tenors edged slightly higher.
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The Kenya Shilling remained largely stable, with marginal movements against major global and regional currencies.
Global Markets Snapshot
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U.S. equities softened, led by declines in large-cap technology stocks amid post-earnings repositioning.
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Oil prices surged over 3%, driven by heightened geopolitical tensions in the Middle East.
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Global investor sentiment remained selective and cautious, favouring defensives over growth assets.
Summary
Kenyan equities closed higher on January 30, 2026, as the market posted modest gains across all major indices despite a significant slowdown in trading activity. The Nairobi All Share Index rose by 0.2%, supported by renewed foreign investor inflows and selective buying in large-cap stocks. Equity Group dominated trading volumes, while East African Breweries led the day’s gainers.
Fixed income markets recorded lower turnover, with Treasury bill yields showing mixed movements across maturities. The Kenya Shilling remained stable against key currencies. Globally, markets softened as investors reassessed valuations following the U.S. Federal Reserve’s policy stance, while a sharp rise in oil prices reflected escalating geopolitical risks. Overall, the session reflected cautious optimism, with investors balancing local market resilience against global uncertainty.
Read More: 30th January 2026- Market Rockers Report
