Uchumi, Limuru Tea Lead Tuesday Gains as Foreign Sells Stay Heavy
Uchumi rises to KSh 0.57 and Limuru hits its highest level since 2022 in Tuesday trade. Turnover reaches KSh 690M, led by Safaricom at KSh 314M. Foreign sells stand at KSh 323M and buys at KSh 35M. NASI slips 0.16%. Absa reports Q3 profit of KSh 16.9B, up 14.7%, with non-funded income rising 11.2% to KSh 13.61B.
Absa Bank's Q3 Profit Up 14.7% to KSh 16.9Bn, Lending Falls Again
Absa Bank Kenya reported a Q3 2025 profit of KSh 16.9Bn, up 14.7%, supported by lower costs and a 39.6% drop in impairments. Net interest income fell 4.6% to 32.95Bn, the first decline since 2017, after loan interest dropped to 32.60Bn from 40.59Bn. The loan book shrank for a second year to 309.7Bn while investment in government securities rose to 119Bn. Operating income held at 46.56Bn as non-interest income grew 11.2%.Kenya Retires KSh 20Bn at Deep Discount in Overbid Buyback of May 2026 Bond
Kenya retired KSh 20.08Bn of the FXD1/2023/003 bond after KSh 34.30Bn in bids, clearing at a 7.8019% yield.NBV Hits Five-Year Low, Uchumi and DTB Extend Gains in Monday Trading
The market opens Week 47 mixed. NBV drops to a five-year low at KSh 1.48. DTB hits KSh 116 and Uchumi rises to KSh 0.52. Co-op trades at KSh 25.00, holding its record highs. Turnover stands at KSh 270M with Safaricom leading at KSh 69M. Foreign investors buy KSh 16.4M and sell KSh 73.5M. NASI is up 0.5% at midday.Acorn Secures CMA Approval for KSh 2.2 Billion Build-To-Rent D-REIT
Acorn, who own Qwetu and Qejani student accommodations, has received CMA approval for a new Build-To-Rent D-REIT backed by KSh 2.20Bn to grow affordable rental housing for young Nairobi workers.In the Markets this Week: ABSA, BAT, EABL and I&M Hit New Highs as Foreign Outflows Continue
Week 46 of 2025 closed lower across all NSE indices despite strong gains in ABSA, BAT, EABL, I&M and Co-op Bank. Uchumi extended its sharp rise to 2019 levels. Foreign investors posted a net outflow of KSh 387.83M, down from last week. Bond turnover rose 36.46% to KSh 55.88B. Equity turnover eased to KSh 3.61B as blue-chips drove liquidity.Hidden Debt Hits Senegal as Nigeria, Côte d’Ivoire Gain Rating Stability- S&P Review
DTB's Share Price Hits Four-Year High, Uchumi Surges Again as Co-op Leads Friday's Midday Turnover
Co-op Bank traded at a new high of KSh 25.20 on Friday, leading volume and turnover. Uchumi hit KSh 0.48 and DTB reached KSh 118.00, its highest since 2020. Foreign buys were KSh 14.166 million against KSh 14.998 million sells. Kapchorua posted a 422 percent profit rise, while Williamson Tea cut its loss. NASI was slightly higher at midday.Kapchorua Earnings Jump 422%, Williamson Narrows Loss in H1 2025
Kapchorua Tea reported stronger H1 earnings with profit up 422 percent to KSh 95.2M as turnover fell 24 percent to KSh 829.9M. Williamson Tea cut its loss to KSh 10.1M from KSh 122.4M, with revenue down 14.8 percent to KSh 1.69B. Both tea giants faced weaker prices, high costs and lower demand. Kapchorua improved margins and cash, while Williamson narrowed losses but stayed negative.Parliament Removes Ownership Caps for Capital Market Intermediaries
Parliament has approved sweeping reforms to the Capital Markets Act, repealing long standing ownership caps for investment banks, brokers, fund managers and derivatives firms.Co-op Bank Hits KSh 25.00 on Q3 Results; Uchumi at Five-Year High
Co-op Bank hit KSh 25.00 on Thursday after reporting a 12 percent YoY profit rise and declaring its first interim dividend. Uchumi traded at KSh 0.44, its highest since 2019. Safaricom led turnover with KSh 280 million of the KSh 638 million at midday. Foreign activity showed 64 million in buys and 226 million in sells. NASI slipped 0.15 percent.
EABL's Medium Term Note Raises KSh 16.76 Bn, Attracting 152% Oversubscription
EABL raised KSh 16.76 billion in its first medium term note tranche after recording 152 percent demand.
