Kenya’s equities market closed the week on a bullish note as the Nairobi All Share Index (NASI) rose by 0.7% to close at 181.06, while the NSE-10 and NSE-20 indices gained 0.9% and 0.6% respectively. Despite the positive sentiment, market turnover fell sharply by 90.1% to KES 184.59 million, reflecting subdued trading activity.
Safaricom remained the day’s most traded counter, contributing 30% of total market activity with its share price rising 1.2% to close at KES 28.65. Among the top gainers were Total Kenya (+9.3%), Flame Tree Group (+8.7%), and Uchumi Supermarkets (+8.1%), while B.O.C Kenya (-8.6%), Kapchorua Tea (-7.8%), and Kakuzi (-4.7%) led the decliners.
In the fixed income market, bond turnover dropped 77.9% to KES 3.54 billion, with the IFB1/2022/19Yr issue emerging as the most actively traded paper. Treasury bill rates eased slightly across all maturities, reflecting improved investor appetite for short-term papers.
Globally, U.S. equities maintained their upward momentum on expectations that the Federal Reserve will continue its rate-cutting cycle following softer inflation data. Meanwhile, oil prices edged lower but remained supported after new U.S. sanctions on Russian oil firms.
Foreign investors continued to show caution, posting net outflows of KES 30.64 million, though significantly lower than the previous session.
27th October 2025- Market Rockers Report
