Equity Market Summary
The market closed the week on a bearish note, with NASI, N10, NSE 20, and NSE 25 easing by 1.0% w/w, 0.6% w/w, 0.2% w/w, and 0.5% w/w.
Market activity tapered to USD 14.4m (-14.4% w/w). Nation Media Group dominated market activity, accounting for 18.1% of the week’s turnover. The counter’s price function strengthened by 2.3% w/w to KES 15.40.
Likewise, I&M advanced by 6.1% w/w to KES 87.50, closing as the week’s top gainer.
On the other hand, KCB Group, Safaricom and Equity Group softened by 3.0% w/w, 2.2% w/w and 1.4% to KES 89.75, KES 35.75 and KES 104.00, respectively,
Nairobi Business Ventures slid by 7.3% w/w to KES 1.27, emerging as the leading laggard.
Foreign investors turned net sellers, with net outflows of USD 5.7m. Safaricom led the buying charge, while the NSE led the selling charge. Foreign investor activity contracted to 23.7% from 40.1% in the prior week.
Expected in the week: EPRA October/November 2026 pump price review – 14th October 2026
