The Nairobi Securities Exchange (NSE) trading session of October 22, 2025, saw NCBA Group extend its gaining streak and emerge as the top gainer, closing at KES 96.25, up 5.5% compared to the previous session. The counter’s upward trend is mainly driven by speculations over its possible acquisition by Standard Bank Group Plc. Kapchorua Tea led the losers, shedding 9.9%, to close at KES 287.75 following the issuance of bonus shares last week.
NSE Gains momentum
The market was on an upward trajectory, with the Nairobi All Share Index (NASI) recording a modest uptick of 0.4%, closing at 178.36 points. NSE-10 and NSE-20 inched up 0.2% and 0.1% closing at 1,783.78 points and 3010.70 points, respectively. Similarly, NSE-25 rose by 0.6% to 4,776.45 points compared to 4,745.80 points in the previous session. Conversely, the Banking Sector Index slid by 1.0% from 159.12 points in the previous session, closing at 157.60 points.
NASI’s performance was largely driven by upside trends in blue-chip stocks, including NCBA Group (5.5%), StanChart (1.6%), KCB Group (0.9%), and East African Breweries Limited (0.1%). Stocks including BK Group, Britam Holdings, Jubilee Holdings, and KenGen slowed down the Bourse’s bullish momentum. The counters lost 5.6%, 1.6%, 0.4%, and 0.2%, respectively.
Trading Activity and Volume
Equity turnover declined by 12.8% to KES 865.23 million from KES 992.73 million in the previous session, reflecting reduced activity. Bond turnover surged by 664.8% to KES 20.83 billion, from KES 2.72 billion posted in the previous session. Market capitalization increased marginally by 0.4% to KES 2.81 trillion.
Equity Group and Safaricom were the heavily traded counters with turnovers of KES 480.55 million and KES 119.08 million, respectively. On the derivatives market, 226 contracts were traded compared to 440 contracts on the previous session. Consequently, the value of traded contracts slumped by 916% to KES 138,775.
Also Read: NSE Market Report for 21 October 2025: Bourse on Uptrend, NCBA Group Top Gainer
