The Nairobi Securities Exchange (NSE) recorded a robust trading session on Thursday, with volumes and turnover surging as investors concentrated activity in a handful of liquid counters. 31,391,207 shares changed hands across 8,472 deals, generating KES 1,104,686,725.23 in turnover. The bourse’s market capitalization stood at KES 3.5 trillion (USD 26.9 billion).
Trading involved 56 listed equities, producing a slightly negative breadth of 22 gainers and 25 losers. Compared with Wednesday (10 June), the market posted a 59% increase in traded volume, a 71% rise in turnover, and a 7% increase in deal count, signalling broader participation and larger trade sizes. The jump in liquidity was driven largely by heavy activity in a few large-cap names rather than broad-based rallies across the board.
Top Movers and Volume Leaders
Uchumi Supermarket led the gainers, rising 6.99% to close at KES 1.53, followed by BOC Kenya (+6.18%), Eaagads (+5.56%), and Olympia Capital Holdings (+3.67%). On the downside, TPS Eastern Africa Serena was the heaviest faller, sliding 5.36% to KES 15.00, with Nation Media Group (-4.49%), Sanlam Kenya (-3.30%), and Absa NewGold ETF (-2.43%) also among the notable decliners.
NSE Indices Performance and Short-term Trend
The NSE All Share Index (NASI) pared 0.06 points (-0.03%) to close at 209.04, trimming some of the week’s gains. NASI now shows a 1-week loss of 0.17%, a 4-week loss of 0.16%, but remains up 12.04% year-to-date. Other indices were mixed: the NSE 20 and Banking Sector indices posted small gains, while the NSE 10 and NSE 25 eased marginally.
Thursday’s session built on Wednesday’s recovery by delivering materially higher liquidity. Volumes rose from roughly 19.7 million shares on Wednesday to 31.4 million on Thursday, while turnover jumped from about KES 645.4 million to KES 1.10 billion. Deal count increased modestly from 7,921 to 8,472, indicating more active participation by both institutional and retail players. Despite the surge in activity, headline index movement was muted, with NASI slipping slightly after Wednesday’s marginal gain.
