Week 12 of 2026 ended Thursday, March 19
The Nairobi Securities Exchange closed Week 12 of 2026 lower, with all major indices declining in a shortened trading week due to the Ramadan holiday.
- •Market capitalisation eased 0.89% to KSh 3.47 Trillion from KSh 3.50 Trillion, a modest pullback after the previous week’s rally that pushed investor wealth above KSh 3.5 Trillion.
- •The NSE 20 Index declined 0.81% to 3,661.11, while the NSE All Share Index (NASI) fell 0.89% to 209.42.
- •The NSE 25 Index dropped 0.59% to 5,846.14, the NSE 10 Index declined 0.95% to 2,227.92, and the Banking Index edged down 0.37% to 241.30.
Trading activity dropped sharply due to fewer trading sessions. Equity turnover fell 67.43% to KSh 2.06 Bn from KSh 6.32 Bn, while traded volume declined 57.90% to 77.9 million shares.
Market activity remained concentrated, with the top five counters accounting for 67.38% of total turnover, led by Equity Group, Safaricom and KCB.
Top Gainers and Losers
Uchumi Supermarkets led weekly gainers, rising 6.86% to KSh 2.18. Flame Tree added 4.74%, while NCBA Group gained 3.69%. BOC Kenya rose 2.89%, and Kakuzi advanced 2.67%.
On the downside, Nation Media led losers, falling 6.18% to KSh 15.95. Liberty Kenya declined 4.81%, Britam Holdings dropped 4.21%, Kenya Re fell 4.20%, and KCB Group declined 4.10%.
Sector Activity
Banking stocks dominated trading, accounting for 62.24% of weekly turnover at KSh 1.2 Bn.
Equity Group led activity with KSh 560.2 Mn traded, closing at KSh 76.50, while KCB Group closed at KSh 76.00 and Stanbic Holdings remained flat at KSh 260.00.
In the energy sector, Kenya Pipeline Company traded 5 million shares, closing at KSh 9.06, while KenGen declined to KSh 9.48 and Kenya Power rose to KSh 17.15.
Safaricom remained the most active telecom counter, closing at KSh 30.25.
Foreign investors remained net sellers, recording an outflow of KSh 354.9 Mn, an improvement from the KSh 2.60 Bn outflow recorded the previous week.
Activity in the bond market increased slightly. Secondary bond turnover rose 2.68% to KSh 83.12 Bn, while the Bond Index gained 0.83% to 1,201.95.
The derivatives market recorded 4,468 contracts, with turnover rising week-on-week.
Corporate Actions
HF Group announced board changes, appointing Elizabeth Gitau as Independent Non-Executive Director, while HFC Limited named Samuel Mwangi Makome as Chairman.
In the banking sector, Equity Group and Co-operative Bank released audited financial results, adding to ongoing earnings disclosures.
