Kenya Equities Market Weekly Update – 4th July 2025

The Kenyan equities market extended its positive momentum this week, registering solid gains across all major indices:

• Nairobi All Share Index (NASI) rose by 5.7%, while
• NSE 25 Share Index gained 5.1%,
• NSE 10 advanced by 4.8%, and
• NSE 20 added 4.5%.

This strong performance lifted the year-to-date (YTD) returns to:

• +28.6% for NASI
• +21.6% for NSE 20
• +19.0% for NSE 10
• +18.8% for NSE 25.

Key Drivers of the Market Rally:

• Stanbic Bank led the charge with a notable +9.9% gain,
• Safaricom followed closely with an +8.0% rise,
• NCBA Group advanced by +6.8%.

These gains offset the marginal loss by Cooperative Bank, which dipped 0.3% during the week.

Index Reshuffle:

In a significant market development, the Nairobi Securities Exchange (NSE) announced the inclusion of Sasini Plc into the NSE 25 Share Index, replacing TransCentury Plc. This follows the court-ordered receivership and trading suspension of TransCentury Plc and its subsidiary East Africa Cables.

This reshuffle highlights the growing importance of operational stability and governance within index constituents, particularly amid Kenya’s evolving corporate landscape.