EQUITY MARKET COMMENTARY
The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 rising by 2.8% w/w, 3.2% w/w, 3.9% w/w, and 2.9% w/w, respectively.
Market activity rose to USD 17.7m (+13.7% w/w). Equity Group dominated market activity, accounting for 26.5% of the week’s turnover. The counter’s price function strengthened by 3.8% w/w to KES 54.50.
Likewise, KCB Group and ABSA rose by 11.7% w/w and 0.5% w/w to KES 54.00 and KES 19.95, respectively.
Safaricom advanced by 2.5% w/w to KES 26.90 while EABL eased by 0.5% w/w to KES 207.00.
Foreign investors were bullish, with net inflows of USD 2.5m. Equity Group led the buying charge, while KCB Group led the selling charge. Foreign investor participation advanced to 34.1% from 9.6% in the prior week.
Expected in the week: 18th August 2025 – ABSA 1H25 Earnings Release | 21st August 2025* – DTB 1H25 Earnings Release | 22nd August 2025* – StanChart 1H25 Earnings Release.* – tentative date
