Equity Market Summary
The market closed the week on a relief rally, with the NASI, N10, NSE 20, and NSE 25 gaining 3.9% w/w, 4.8% w/w, 3.2% w/w, and 4.0% w/w, respectively.
Market activity held steady at USD 21.4m (+1.9% w/w). Equity Group dominated market activity, accounting for 31.7% of the week’s turnover. The counter’s price rose by 7.2% w/w to KES 74.25.
Likewise, KCB Group and Co-op inched upwards by 4.0% w/w and 7.7% w/w to KES 71.00 and KES 30.90, respectively.
Safaricom and EABL advanced by 4.4% w/w and 0.5% w/w to KES 29.75 and KES 251.25, respectively.
Kenya Airways was the week’s top gainer, rallying by 25.9% w/w to KES 6.90. Conversely, E.A. Portland Cement was the week’s leading laggard, down 7.9% w/w to KES 75.50.
Foreign investors were bearish, with net outflows of USD 7.3m. NCBA led the buying charge, while Equity Group led the selling charge. Foreign investor activity declined to 35.1% from 38.6% in the prior week.
Expected in the week: EPRA Pump Price Review for April/May Cycle – 14th April 2026.
