EQUITY MARKET COMMENTARY
The market closed the week in the green, with the NASI, N10, NSE 20 and NSE 25 rising by 3.3% w/w, 2.9% w/w, 4.3% w/w and 2.5% w/w, respectively.
Market activity rose to USD 55.3m (+135.2% w/w). Safaricom dominated market activity, accounting for 44.1% of the week’s turnover. The counter’s price function strengthened by 4.7% w/w to KES 29.95.
Among the top-mover banking stocks, DTB and Co-op Bank surged by 15.9% w/w and 14.0% w/w to KES 104.00 and KES 20.30, respectively.
On the other hand, KCB Group and Equity Group eased by 6.0% w/w and 0.9% w/w to KES 51.00 and KES 55.50, respectively. Notably, KCB’s KES 4.00 interim and special dividend book closure was pencilled for 3rd September 2025.
Home Afrika was the week’s top gainer, up 53.4% w/w to close at KES 1.35. On the other hand, EAPCC shed 10.3% w/w to KES 54.50, closing as the week’s leading laggard.
Foreign investors turned bearish, with net outflows of USD 8.7m. KCB Group led the buying charge, while Safaricom led the selling charge. Foreign investor activity rose to 38.3% from 36.9% in the prior week.
Expected in the week: 11th September 2025 – Standard Chartered KES 8.00 interim dividend book closure | 14th September 2025 – September – October 2025 EPRA pump price review.
