EQUITY MARKET COMMENTARY
The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 rising by 2.5% w/w, 3.7% w/w, 2.6% w/w, and 3.0% w/w, respectively.
Market activity rose to USD 42.6m (+3.3% w/w). KCB Group dominated market activity, accounting for 53.8% of the week’s turnover. The counter’s price function surged by 6.0% w/w to KES 57.00.
Equity Group, Safaricom, and StanChart advanced by 7.4% w/w, 2.4% w/w, and 0.4% w/w to KES 58.00, KES 29.40, and KES 285.00, respectively.
Conversely, DTB inched lower by 0.2% w/w to KES 104.50, to close as the week’s worst performing mover.
Crown Paints was the week’s top gainer, up 15.4% w/w to close at KES 57.00. On the other hand, Umeme shed 8.6% w/w to KES 7.62, closing as the week’s leading laggard.
Foreign investors were bearish, with net outflows of USD 397.5k. KCB Group led the buying charge, while Safaricom led the selling charge. Foreign investor activity eased to 10.1% from 40.6% in the prior week.
Expected in the week: 30th September 2025 – September 2025 inflation numbers | 03rd October 2025 – September 2025