NSE Midday Market Update – Tuesday, Dec 9 2025 (1:45pm EAT)
Uchumi pushed further into record-breaking territory as the share rose to KSh 1.88 (+6.82%) and its 2025 gain crossed +1000% YTD. The counter has now logged 21 straight gaining sessions and risen over 400% in four weeks. It also touched an intraday high of KSh 1.93, the strongest level since 2018.
Kakuzi continued its steady rise and printed a fresh 52-week high of KSh 440.00. This marked its highest level since July 5, 2022 and placed the counter close to its all-time peak of KSh 441.25.
Stanbic has attracted unusual trading interest as three blocks of 130,781, 90,000 and 13,000 shares crossed at KSh 189.00 at exactly 12:21:20pm. Two more trades printed at 12:49:35pm. The pattern pointed to coordinated institutional flows likely driven by foreign desks.
Market turnover strengthened to KSh 960.8M on 31.7M shares as activity stayed concentrated in large counters. KCB (KSh 547M) led the board, while KPLC (KSh 96.9M), Safaricom (KSh 94.5M) and Stanbic (KSh 47M) added steady volume.
Foreign activity leaned sharply negative. Buys reached KSh 49.17M, led by Equity (29.4M) and Safaricom (18.7M). Sells hit KSh 190.8M, driven by KCB (88M), Stanbic (47M), Equity (25.9M) and Safaricom (19M).
The NASI slipped 1.56% as broad weakness across banks and select large caps weighed on trading.
Jubilee led the gainers at +7.62%, followed by Uchumi at +5.11% and Serena at +4.23%. Portland topped the losers at –9.81%, while Africa Mega lost –9.72% and Home Afrika fell –6.25%.
