The Nairobi Securities Exchange (NSE) closed higher on the week ending Friday, November 7, 2025, with overall market capitalization closing the week above KES 3T for the first time in 7 years.
NSE Top Gainers in Week 45
Nairobi Securities Exchange Plc led the top gainers, closing at KES 20.65, up 27.08% from KES 16.25 recorded in the week ended October 31st. The stock has had an extraordinary 244.17% YTD gain. The second top gainer in Week 45 was construction firm Crown Paints Kenya, edging up 19.40% to close at KES 60.00, representing gains of 82.93% YTD, ranking 16th among NSE’s top performers.
KCB Group maintained an upward trajectory, gaining 13.82% to close at KES 70.00. Notably, KCB shares have surged 23% in the last four weeks alone, the third-highest in that time-frame across all the stocks listed NSE. Absa Bank Kenya also posted impressive gains, rising 12.39% to KES 25.85, followed closely by Centum, closing at KES 16.40 reporting 12.33% gain.
NSE Top Losers in Week 45
Agricultural firms Williamson Tea Kenya (WTK) and Kapchorua Tea Company (KAPC) were top losers, with WTK falling 15.51% to KES 164.75, extending YTD decline to 27.3% from KES 226.50. The stock has lost 50% of its value since early October. Similarly, KAPC slipped 9.30% to KES 210.25, down 10.5% YTD from KES 235.00.
The two counters have been on a sharp decline as the market prices in their 1:1 bonus share issues. Umeme Limited continued its bearish run, closing 4.79% lower at KES 7.56 from KES 7.94 in the previous week. Olympia Capital Holdings had a 4.09% dip from KES 7.82, despite this, the stock remains one of the top gainers of 2025, up 168% YTD from KES 2.80 at the end of 2024.
Nation Media Group edged lower by 3.70% to KES 13.00, down from KES 13.50 in the previous session. The media giant has fallen 9.7% YTD, from KES 14.40. The agricultural sector has seen a general decline with Williamson Tea Kenya, Kapchorua Tea Company Eagaads Ltd, and Kakuzi Plc all recorded losses. There might be weakness in the tea segment amidst declining global prices. It’s important to note that despite this, The Limuru Tea Co. Plc reported a upturn of 10% closing at KES 423.50 while Sasini Ltd also gained with 2.34% to close at KES. 19.00.
Indices
The indices market saw an upturn with NSE 10 leading with a 5.30% increase closing at 2,012.04 points from last week’s 1,910.77 points. It was followed by NSE 20 closing at 3,253.85 marking a 4.4% increase. This upward trend was followed closely by NSE 25 and NASI which closed with an increase of 4.16% and 2.01% respectively to 5,206.47 points and 192.07 points, respectively.
Treasury Bills Auction Results
Investor appetite remained high in the latest T-Bill issue 2655/091, 2629/182 & 2583/364 auction results. The Central Bank of Kenya offered KES 24 billion T-Bills and received bids worth KES 39.854 billion of the bids received only KES 39.846 billion was received and the bid to cover ratio stood at 1.00. Of the bids received, 30.16 billion was competitive, while 9.68 billion was noncompetitive.
The price per KES 100 stood at 98.099, 96.2593 and 91.4747 for the 91-, 182- and 364-day T-Bill Respectively. There was a slight variation in the weighted average interest rates. The 91- day paper was at 7.7923 % slightly lower from 7.8095% in the previous auction. The182 day paper was at 7.7934% dropping from 7.900% and the 364- day paper at 9.3454% higher than 9.3404%.
Across Eurobonds
Across the eurobonds, the yields on all papers were up week-on-week, led by KENINT 2034 which was up 0.199%, followed by KENINT 2032 which was up 0.173%. 2 instruments: KENINT 2028 and KENINT 2031, closed the week trading at a premium, with their recorded yields closing at 1.187% and 1.807% below coupon rates.
Also read: NSE Market Report: Limuru Tea Gains to KES 423.50 While Indices Climb Amid Surging Trade
