Equity Market Summary
The market closed the week in the red, with NASI, N10, NSE 20, and NSE 25 easing by 1.8% w/w, 2.1% w/w, 1.5% w/w, and 1.9% w/w.
Market activity advanced to USD 24.6m (+63.0% w/w). Equity Group dominated market activity, accounting for 24.4% of the week’s turnover. The counter’s price function softened by 3.8% w/w to KES 100.00.
Likewise, I&M, Safaricom, KCB Group and StanChart tapered by 2.9% w/w, 2.4% w/w, 0.3% w/w and 0.2% w/w to KES 85.00, KES 34.90, KES 89.50 and KES 317.50, respectively.
Express Kenya rallied by 5.6% w/w to KES 7.54, closing as the week’s top gainer. Meanwhile, Uchumi slid 7.9% w/w to KES 1.29, emerging as the leading laggard.
Foreign investors were net sellers, with net outflows of USD 9.5m. Kenya Power led the buying charge, while Equity Group led the selling charge. Foreign investor activity expanded to 30.2% from 23.7% in the prior week.
Expected in the week: EABL FY26 KES 8.70 final dividend book closure – 19th October 2026 | Mashujaa Day – 20th October 2026.
