The Nairobi Securities Exchange (NSE) recorded a strong trading session on Wednesday, with investor activity driving total market turnover to KES 645.4 million. By the close of trading, 19.69 million shares had changed hands across 7,921 deals, representing a 67% increase in trading volume and a 76% rise in turnover compared to the previous trading session on Tuesday.
Despite the higher activity, the number of deals declined by 23%, indicating that larger-value transactions dominated the market. The NSE’s total market capitalization stood at KES 3.49 trillion (approximately USD 26.9 billion).
A total of 57 listed equities participated in trading, with 24 stocks advancing, 22 declining, and the remainder closing unchanged. Africa Mega Agricorp emerged as the top gainer of the day, rising 8.17% to close at KES 109.25 per share. It was followed by Nation Media Group, which gained 6.37%, Shri Krishana Overseas at 5.61%, and TPS Eastern Africa Serena, which added 4.62%. On the losing side, the Satrix MSCI World Feeder ETF posted the steepest decline, falling 7.49% to close at KES 939.00 per unit. Other notable decliners included Olympia Capital Holdings (-4.11%), East African Portland Cement (-3.49%), and Sanlam Kenya (-2.23%).
Trading activity was heavily concentrated in a few counters, with Kenya Pipeline Company leading the market after recording approximately 11 million shares traded. Kenya Re-Insurance Corporation followed with 2.35 million shares, while East African Breweries Plc (EABL) traded 1.49 million shares, and Kenya Power & Lighting Company (KPLC) recorded 668,028 shares.
NSE Shares Performance Highlight.
The benchmark NSE All Share Index (NASI) edged up 0.03%, gaining 0.06 points to close at 209.10. The index has now delivered a 0.48% gain over the past week, a 0.43% increase over the past four weeks, and a 12.07% year-to-date return, highlighting the market’s steady upward momentum. Other key indices also posted mixed performances, with the NSE 10 Share Index rising 0.31%, the NSE 25 Share Index gaining 0.19%, and the NSE Banking Sector Index advancing 0.14%, while the NSE 20 Share Index slipped 0.08% during the session.
Overall, Wednesday’s trading reflected renewed investor confidence, with significantly higher volumes and turnover signalling stronger participation in the market. While fewer deals were executed, the larger transaction sizes point to increased institutional activity. The continued positive year-to-date performance across the NSE’s major indices suggests that sentiment remains broadly optimistic as investors monitor upcoming corporate announcements and macroeconomic developments.
Also Read: Banking Stocks Drive NSE Higher as NASI Gains 2.3% in the Week
