Seven counters broke into new 52-week highs, extending the market’s strong start to February and lifting the NASI by 0.98% to 194.72 at midday on February 8th.
- •Africa Mega Agricorp (AMAC) led the breakout. The stock hit KSh 102.50, the first print above 100 since Oct 12, 2015, and is now up sharply from KSh 77.50 last week. The rally followed news that AMAC secured a Gulfood Dubai agreement to onboard 1,500+ international buyers onto its digital commodities exchange, signaling a structural shift toward global market access.
- •BAT Kenya touched KSh 505.00, its highest level since Feb 22, 2022, ahead of its Feb 26, 2026 release of audited FY2025 results and a likely final dividend from one of the NSE’s most reliable payout names.
- •Britam (BRIT) traded to KSh 10.65, a level not seen since Dec 7, 2018, while Eaagads (EGAD) reached KSh 24.20, its strongest print since March 2018.
In utilities, Kenya Power (KPLC) hit KSh 15.80, the highest since Oct 27, 2015, after declaring an interim dividend of KSh 0.30 per share, with book closure on Feb 23 and payment on Mar 27.
Stanbic Holdings (SBIC) climbed to KSh 221.00, its best level since February 2007, when CFC merger speculation triggered extreme volatility.
Sameer Africa (SMER) reached KSh 17.10, a level last seen in March 2007, up from KSh 2.43 at the start of 2025.
Market activity remained bank-heavy. Midday turnover stood at KSh 375M on concentrated trades led by Equity (KSh 185M), I&M (KSh 46M), and Safaricom (KSh 38M).
Top gainers (midday)
SASINI 22.15 (+9.93%)
AMAC 102.50 (+9.92%)
EGAD 23.95 (+8.86%)
UNGA 24.00 (+8.60%)
SMER 17.10 (+7.21%)
SBIC 220.00 (+7.06%)
Top losers (midday)
NCBA 90.00 (-2.44%)
WTK 140.00 (-1.93%)
CIC 4.56 (-0.65%)
KNRE 3.13 (-0.63%)
SKL 8.10 (-0.49%)
EABL 249.00 (-0.40%)
