{"id":12030,"date":"2026-02-02T06:52:21","date_gmt":"2026-02-02T06:52:21","guid":{"rendered":"https:\/\/sib.co.ke\/reports\/?p=12030"},"modified":"2026-02-02T06:52:22","modified_gmt":"2026-02-02T06:52:22","slug":"kenya-weekly-market-wrap-02-feb-2026","status":"publish","type":"post","link":"https:\/\/sib.co.ke\/reports\/kenya-weekly-market-wrap-02-feb-2026\/","title":{"rendered":"KENYA WEEKLY MARKET WRAP | 02 Feb 2026"},"content":{"rendered":"\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-ae14c0c1-2daa-43df-bc11-aed3b2033da6\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/SIB-Weekly-Market-Wrap-2-Feb-2026.pdf\">SIB Weekly Market Wrap 2 Feb 2026<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/SIB-Weekly-Market-Wrap-2-Feb-2026.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-ae14c0c1-2daa-43df-bc11-aed3b2033da6\">Download<\/a><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">Equity Market Summary<\/h4>\n\n\n\n<p>The market closed the week in the green, with the NASI and NSE 25 rising by 0.4% w\/w each. Additionally, the NSE 20 and N10 edged higher by 1.0% w\/w and 0.9% w\/w, respectively.<\/p>\n\n\n\n<p>Market activity rose to USD 30.9m (+35.5% w\/w). KCB Group dominated market activity, accounting for 23.9% of the week\u2019s turnover. The counter\u2019s price function eased by 0.4% w\/w to KES 66.50.<\/p>\n\n\n\n<p>Equity Group and Safaricom tapered by 2.5% w\/w and 0.2% w\/w to KES 67.00 and KES 29.60, respectively. On the other hand, EABL and the Absa New Gold ETF jumped by 7.4% w\/w and 5.4% w\/w, to KES 258.50 and KES 6,235.00, respectively.<\/p>\n\n\n\n<p>B.O.C was the week\u2019s top gainer, rallying by 13.7% w\/w to 137.25. Conversely, Olympia Capital was the week\u2019s leading laggard, down 6.8% w\/w to KES 7.44.<\/p>\n\n\n\n<p>Foreign investors turned bullish, with net inflows of USD 1.6m. The Absa New Gold ETF led the buying charge, while Safaricom led the selling charge. Foreign investor activity softened to 32.7% from 37.9% in the prior week.<\/p>\n\n\n\n<p>Expected in the week: January 2026 Stanbic PMI \u2013 4th February 2026<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Read Full Report<\/h5>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-ae14c0c1-2daa-43df-bc11-aed3b2033da6\" href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/SIB-Weekly-Market-Wrap-2-Feb-2026.pdf\">SIB Weekly Market Wrap 2 Feb 2026<\/a><a href=\"https:\/\/sib.co.ke\/reports\/wp-content\/uploads\/2026\/02\/SIB-Weekly-Market-Wrap-2-Feb-2026.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-ae14c0c1-2daa-43df-bc11-aed3b2033da6\">Download<\/a><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Equity Market Summary The market closed the week in the green, with the NASI and NSE 25 rising by 0.4% w\/w each. Additionally, the NSE 20 and N10 edged higher by 1.0% w\/w and 0.9% w\/w, respectively. Market activity rose to USD 30.9m (+35.5% w\/w). KCB Group dominated market activity, accounting for 23.9% of the&#8230;<\/p>\n","protected":false},"author":4,"featured_media":12033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[173,1],"tags":[289,292,89,92,184,91,291,166,135,77,85,86,84,213],"class_list":["post-12030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-equities-reports","category-weekly-reports","tag-absa-new-gold-etf","tag-africa-mega-agri-corp","tag-eabl","tag-equity-group","tag-inflation","tag-kcb-group","tag-kpc-ipo","tag-market-summary","tag-nasi","tag-nse","tag-nse-20","tag-nse-25","tag-safaricom","tag-umeme"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KENYA WEEKLY MARKET WRAP | 02 Feb 2026 - Standard Investment Bank<\/title>\n<meta name=\"description\" content=\"The market closed the week in the green, with the NASI and NSE 25 rising by 0.4% w\/w each. 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