NSE Daily Market Update – Monday, Jan 6, 2026 (12:15pm EAT)
Trading in the second week of 2026 opened on a firmer note, with the benchmark index extending gains after last year’s strong close.
- •Buying interest remained selective, while turnover stayed moderate as investors repositioned early in the year.
- •Olympia Capital Holdings drew attention after the share traded at KSh 9.00, levels last seen in June 2010. The stock is up 184% over the past year, supported by renewed interest following recent earnings.
- •Olympia reported a slight rise in half-year profit to KSh 14.37M for the period ended August 2025, although gains at the operating level were heavily constrained by a sharp rise in finance costs.
Borrowing expenses increased more than six-fold, limiting the flow of earnings to shareholders. Revenue dipped 3.9% to KSh 266.77M, while profit from operations rose 6.1% to KSh 181.75M, reflecting tighter cost control across core business units.
Market turnover stood at KSh 147.2M on 6.9M shares. Activity was led by Safaricom (KSh 42M), followed by Equity Group (KSh 35.6M) and KCB Group (KSh 18M). KenGen traded KSh 10M, while Stanbic posted KSh 8.8M.
Foreign investor activity tilted negative:
- •Foreign buys reached KSh 74M, driven by Safaricom (KSh 39M) and Equity Group (KSh 34M), with smaller interest in Williamson Tea (KSh 0.3M).
- •Foreign sells totalled KSh 101M, led by Equity Group (KSh 33.5M), Safaricom (KSh 32.6M), KCB Group (KSh 16M) and Stanbic (KSh 8.5M).
The NASI rose 1.07%, marking the second trading day of gains in 2026 after the index closed 2025 up 51.1%, its strongest annual performance on record.
Crown Paints Kenya led gainers, rising 9.80% to KSh 56.00. Uchumi gained 9.73%, while Car & General, BK Group, Nation Media, and TotalEnergies posted gains of more than 5%.
On the downside, Stanlib Growth fell 4.26%, Centum declined 3.57%, while Sanlam, NSE Plc, East African Portland Cement, and Sameer Africa posted smaller losses.
