Trading at the Nairobi Securities Exchange (NSE) closed Week 12 of 2026 on a weaker footing, with every major index posting losses in a shortened trading period influenced by the Ramadan break.
Market capitalisation dipped by 0.89% to KSh 3.47 trillion, retreating slightly after the previous week’s surge that had pushed investor wealth beyond KSh 3.5 trillion. The NSE 20 Index slipped 0.81% to 3,661.11, while the NSE All Share Index (NASI) fell by 0.89% to 209.42.
Other indices followed suit. The NSE 25 Index declined 0.59% to 5,846.14, the NSE 10 Index dropped 0.95% to 2,227.92, and the Banking Index edged down 0.37% to 241.30.
Trading activity took a notable hit amid fewer sessions. Equity turnover tumbled 67.43% to KSh 2.06 billion, down from KSh 6.32 billion, while total traded volume fell 57.90% to 77.9 million shares.
Activity remained heavily concentrated, with the top five counters accounting for 67.38% of total turnover, led by Equity Group Holdings, Safaricom, and KCB Group.
Top Movers
Uchumi Supermarkets topped the gainers, rising 6.86% to KSh 2.18. Flame Tree Group Holdings gained 4.74%, while NCBA Group added 3.69%. BOC Kenya rose 2.89%, and Kakuzi Plc climbed 2.67%.
On the losing end, Nation Media Group led the decline, shedding 6.18% to KSh 15.95. Liberty Kenya Holdings fell 4.81%, Britam Holdings dropped 4.21%, Kenya Reinsurance Corporation lost 4.20%, and KCB Group slipped 4.10%.
Sector Performance
Banking stocks dominated the week, contributing 62.24% of total turnover at KSh 1.2 billion. Equity Group Holdings led trading activity with KSh 560.2 million worth of shares exchanged, closing at KSh 76.50. KCB Group closed at KSh 76.00, while Stanbic Holdings held steady at KSh 260.00.
In the energy space, Kenya Pipeline Company traded 5 million shares to close at KSh 9.06. KenGen declined to KSh 9.48, while Kenya Power edged up to KSh 17.15.
Safaricom remained the most active telecom counter, closing at KSh 30.25.
Also Read: Tension rises after gunmen fatally shoot road construction worker in Igembe
Foreign investors continued to offload positions, recording a net outflow of KSh 354.9 million, though this marked an improvement from the previous week’s KSh 2.60 billion outflow.
Fixed Income and Derivatives
The bond market showed mild improvement, with secondary bond turnover rising 2.68% to KSh 83.12 billion. The Bond Index also gained 0.83% to 1,201.95.
Meanwhile, activity in the derivatives segment picked up, with 4,468 contracts traded and turnover increasing week-on-week.
Corporate Developments
HF Group announced board changes, appointing Elizabeth Gitau as Independent Non-Executive Director, while HFC Limited named Samuel Mwangi Makome as Chairman.
In the banking sector, Equity Group Holdings and Co-operative Bank of Kenya released their audited financial results, adding momentum to the ongoing earnings season.
