Equity Market Summary
The market closed the week on a bullish note with the NASI and N10, gaining 2.4% w/w each. Likewise, the NSE 20 and NSE 25 advanced by 3.0% w/w and 2.5% w/w, respectively.
Market activity jumped to USD 27.1m (+230.9% w/w). Safaricom dominated market activity, accounting for 40.6% of the week’s turnover. The counter’s price function advanced by 2.1% w/w to KES 29.10.
Of the top traded banking stocks, Equity Group, KCB Group, and I&M Group inched upwards by 3.7% w/w, 1.9% w/w, and 4.9% w/w to KES 69.50, KES 67.00, and KES 44.90, respectively.
KenGen rose by 7.0% w/w to KES 9.82.
Car & General was the week’s top gainer, rallying by 12.3% w/w to 57.25. Conversely, Standard Group was the week’s leading laggard, down 10.9% w/w to KES 5.86.
Foreign investors were profit-taking, with net outflows of USD 104.8K. Equity Group led the buying charge, while Safaricom led the selling charge. Foreign investor activity rose to 43.3% from 2.3% in the prior week.
Expected in the week: EPRA Jan-Feb Pump Price Review – Wednesday, 14th Jan 2026.
