The Nairobi Securities Exchange commenced the week starting 10th November 2025 on a negative note, with Monday’s trading session concluding in a broad downturn. Market activity at the NSE went down significantly, as the overall trading value fell by 13.8% to KES 434.95 million, down from the previous trading session’s KES 504.45 million. Despite the bearish sentiment, the manufacturing sector firms had a positive turn which left Africa Mega Agricorp Plc emerging as the day’s top performer registering a substantial gain of 10% while Shri Krishana Plc followed closely with a gain of 7.5% to close at KES 8.04.
Conversely, the losers were led by Uchumi Supermarkets and Unga Group, which saw their shares decline by 7.7% and 7.0% to KES 0.36 and KES 22.75, respectively.
NSE Indices all in the Red
The negative momentum was reflected across the board in the performance of the key market indices. The Nairobi All Share Index (NASI), which tracks the performance of all listed companies, dipped by 0.8% to close at 190.54 points. This downward trend was largely driven by sell-offs in major blue-chip stocks, particularly within the banking and telecommunications sectors. Heavyweights such as Equity Group Holdings, Absa Bank and Safaricom Plc each recorded a 1.4% loss while East African Breweries Limited (EABL) saw a more moderate decline of 0.5%.
The sector-specific indices echoed this weakness; NSE 10, NSE 20, and NSE 25 shrank by 0.9%, 0.5% and 0.7% to close at 1,993.38, 3,238.94 and 5,172.36 points respectively. Similarly, the banking sector index experienced a moderate dip of 0.6% closing at 209.17 points.
However, not all financial counters were under pressure. A handful of firms managed to buck the overall trend and post gains. Jubilee Holdings, Cooperative Bank, NCBA and Britam Holdings all experienced a positive turn of events. Among them Britam Holdings stood out with a solid 2.1% gain for the day to close at KES 8.98.
NSE Volume Traded and Turnover
In terms of market activity, Safaricom Plc maintained its dominant position as the most traded stock generating a turnover of KES 122.63 million despite its share price declining by 1.36% to KES 29.10. It was followed closely by KCB Group, which recorded a turnover of KES 98.12 million, with the share price falling by 0.71% to KES 69.50.
Meanwhile, in a contrasting development, the derivatives market displayed signs of increased engagement. The value and volume of traded contracts saw an uptick, accompanied by a 18.0% rise in the number of open interest contracts TO 3,608, suggesting sustained investor interest in derivative instruments even as the equities market wavered.
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