SUMMARY TABLES – NSE PERFORMANCE
Summary Trading Statistics
The bourse closed the month of October on a bullish note with the broad market returning +6.5% m/m . Likewise, the N10, NSE 20, and NSE 25 advanced by 7.1% m/m, 4.8% m/m, and 8.1% m/m, respectively – faster growth compared to the prior month.
Profit-taking activities by investors – to realize some of the gains booked in the prior four quarters (i.e., +15.3%q/q in 4Q24, +5.9%q/q in 1Q25, +17.3%q/q in 2Q25, +15.2% q/q in 3Q25) – remained a key theme in October. Indeed, foreign investors registered net outflows of USD 12.5m in the month.
Safaricom dominated trading activity, accounting for 38.5% of the month’s turnover. The counter’s price function advanced by 4.7% m/m to KES 30.25, with price gains in the alter trading days likely on the back of anticipation of its 1H26 earnings, on 6th November 2025.
The top traded banking stocks accounted for 32.5% of the month’s turnover, with NCBA leading the bull charge with a 27.5% m/m capital gains, fuelled by speculation of a potential transaction involving the bank. The stock recorded an all-time high of KES 96.25 on 22nd October 2025. Equity Group followed with 14.2% m/m capital gains attributable to its 3Q25 performance.
Energy stocks registered a mixed performance with KenGen advancing by 18.9% m/m to KES 10.25 while Kenya Power eased by 1.8% m/m to KES 13.70. Car & General was the month’s top gainer with a 39.6% m/m price appreciation to KES 54.25. Kapchorua led the laggards with a 36.5% m/m price erosion to KES 232.00, on the back of the lapse of its 1:1 dividend book closure.
