Research

Kenya Equities Market Weekly Digest – 14th February 2025

The Kenyan equities market continued its positive momentum, with NSE 25 and NSE 20 leading the gains at +1.3% each, while NASI and NSE 10 also posted solid growth of +1.1% each.

Key Market Movements:

Top Gainers:

  • DTB Kenya (+7.2%)
  • Stanbic (+4.5%)
  • Standard Chartered Kenya (+3.8%)

📉 Top Decliners:

  • Bamburi Cement (-1.3%)
  • Equity Group (-0.7%)
  • BAT Kenya (-0.2%)

📊 Market Trends:

  • Equities turnover fell by 27.9% to USD 15.2 million, down from USD 21.1 million in the previous week.
  • Foreign investors remained net sellers for the fourth consecutive week, with an outflow of USD 1.1 million (a reduction from last week’s USD 7.4 million).
  • YTD foreign net selling position stands at USD 16.6 million, almost matching last year’s USD 16.9 million at the same time.

💡 Investor Takeaway:
The equities market remains on an upward trend, supported by strong banking sector stocks, although foreign investor outflows continue to weigh on overall sentiment.

🔗 For more market insights, follow NuPath Advisory on LinkedIn.

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