The Nairobi Securities Exchange (NSE) closed on a cautiously positive note, with the Nairobi All Share Index (NASI) edging up 0.01% to 183.23, while market turnover fell 16.7% to KES 559.92 million. Foreign investors turned bullish, posting net inflows of KES 5.46 million, reversing previous outflows.
Safaricom led trading activity, accounting for 43.4% of total turnover, closing steady at KES 29.50. Top gainers included Unga Group (+7.0%), Flame Tree Group (+5.6%), and Kapchorua Tea (+5.1%), while Africa Mega Agricorp (-10.0%) and TPS Eastern Africa (-9.2%) were among the top decliners.
In the bonds market, turnover surged 35.3% to KES 11.25 billion, with the IFB1/2022/19Yr issue dominating activity. The derivatives market also posted strong growth, with contract value rising to KES 3.28 million from KES 14,500 in the previous session.
Globally, U.S. equities maintained bullish momentum driven by optimism over U.S.-China trade relations, while oil prices dipped 1.7% amid expectations of increased OPEC+ production.
The banking sector remained resilient, led by KCB Group (+1.7%) and Equity Group (+0.8%), while KenGen and TotalEnergies boosted the energy and petroleum segment with notable price gains.
29th October 2025- Market Rockers Report
