NSE Daily Market Update – Monday, Jan 12, 2026 (1:45pm EAT)
Trading was active in midday session, with sharp moves in select counters offset by cautious foreign positioning. The benchmark index edged higher as gains in agriculture and industrial names balanced pressure from financials.
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Sasini Plc drew heavy interest early in the session. The share traded as high as KSh 29.95, its strongest level since July 2023, after opening at KSh 18.10. The rally followed the company’s return to profitability in FY2025, with net income of KSh 188M, reversing a KSh 562.9M loss a year earlier.
Higher coffee and macadamia prices lifted revenue to a record KSh 8.44Bn. The improvement remained price-led, with cost of sales absorbing much of the revenue gain. Operating and free cash flows turned negative, while cash balances fell by nearly 40%, pointing to margin and liquidity pressure beneath the earnings rebound.
Market turnover stood at KSh 336M on 14.42M shares, driven mainly by large-cap financials and telecoms. Safaricom led activity with KSh 155M, followed by Absa Bank (KSh 63M), Co-operative Bank (KSh 31M), KCB Group (KSh 21M), and I&M Holdings (KSh 13M).
Foreign investor activity remained skewed to selling.
- •Foreign buys totalled KSh 32M, led by Safaricom (KSh 15M), KCB Group (KSh 12M), and Diamond Trust Bank (KSh 2M).
- •Foreign sells reached KSh 99M, dominated by Absa Bank (KSh 59M), Safaricom (KSh 21M), and KCB Group (KSh 10M).
The NASI rose 0.43%, reflecting modest net gains across the broader market.
▲ On the gainers’ board, Sasini led with a 10.50% jump to KSh 20.00. East African Portland Cement rose 9.70%, NBV gained 6.38%, Eaagads added 5.73%, while Uchumi advanced 5.17%. GLD climbed 4.09%.
▼ Losses were led by Africa Mega Agricorp, which fell 9.93%. Limuru Tea declined 4.35%, BOC Kenya eased 3.08%, while Home Afrika, Unga Group, and Kenya Airways slipped just over 2%.
