The Nairobi Securities Exchange (NSE) concluded the 12th week of the year 2026 in the red, with all key performance indicators posting declines relative to the previous week.
The benchmark index, the Nairobi All Share Index (NASI) fell 0.89% to 209.42 points, driven by losses in large cap stocks. However, the index has gained 16.62% on a year-to-date basis. The NSE 10 and the NSE 20 indices declined by 0.95% and 0.81% to close the week at 2,227.92 points and 3,661.11 points, respectively. The NSE 25 and the Banking Index closed at 5,846.14 points and 241.30 points, down 0.59% and 0.37%, respectively.
During the week, trading activity was subdued. The volume of shares traded declined by 57.9% to 77.9 million shares, from 185.02 million shares recorded in the previous week. Market capitalization edged lower 0.89% to KES 3.5 trillion, reflecting bearish investor sentiment.
NSE Top Gainers and Losers
Equities recorded modest gains at the close of the week. Retail chain Uchumi Supermarket led the gainers, advancing by 6.9% to KES 2.18. Flame Tree Group Ranked second, rising 4.7%. NCBA Group, BOC Kenya, and Kakuzi Limited gained 3.7%, 2.9% and 2.7%, respectively.
Nation Media Group shed the most, declining 6.2% to KES 15.95. Insurance firms Liberty Kenya, Britam Holdings and Kenya Re slid 4.8%, 4.2% and 4.2%, respectively, while KCB Group lost 4.1%.
Market Movers
Equity Group Holdings PLC dominated trading, recording a turnover of KES 560.3 million equivalent to 27.2% of the market’s total turnover. This was followed by telecommunications company Safaricom PLC, with a turnover of KES 344.1 million. Other actively traded counters included tier 1 lenders, KCB Group, Stanbic and Co-op Bank, which posted turnovers of KES 237.3 million, KES 169.3 million, and KES 76.3 million.
Participation
Foreign investor turnover stood at KES 735.1 million, equivalent to 35.7% of the total equity turnover, while local investor accounted for KES 1.3 billion, representing 64.3% of the total turnover. During the week, foreign investors remained net sellers, recording net outflows of KES 354.9 million, compared to net outflows of KES 2.6 billion in the previous week.
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