NSE – Wednesday, Dec 10 2025 (2:15pm EAT)
Uchumi’s record run came to a pause after a sharp multi-week surge that lifted the counter +51.6% in one week, +387% in four weeks, +497% in three months, +612% in six months, +741% in one year and +988% YTD. The share fell to KSh 1.67 (-9.73%), ending its winning streak and leading today’s declines as profit-taking set in after sustained speculative interest.
Turnover reached KSh 989M, supported by strong activity in Equity Group (KSh 571M) and Safaricom (KSh 314M). KCB Group (KSh 46M) followed at a distance, while most other counters saw light volumes as foreign investors concentrated flows in large caps.
Foreign trading remained active.
- •Buys climbed to KSh 565M, led by Equity (335M) and Safaricom (229M) as offshore accounts added exposure to key benchmarks.
- •Sells reached KSh 307M, mainly from Equity (225M), Safaricom (71M) and KCB (9M), showing a mixed pattern across the session.
The NASI gained 0.68%, lifted by a rebound in financials and select industrial names.
Crown Paints led gainers at +8.67%, with CIC (+7.40%), Eveready (+6.59%), Home Afrika (+4.67%), Standard Group (+4.20%) and KCB (+4.02%) also advancing.
Uchumi topped the losers at –9.73%, followed by Gold ETF (–5.41%), Sasini (–4.35%), Nation Media (–3.59%), Sameer Africa (–2.66%) and Jubilee (–2.39%).
Safaricom’s first green MTN tranche drew strong demand. The offer attracted KSh 41.4Bn in bids against a KSh 15Bn target, giving a 175.7% oversubscription. The issuer will take up the full KSh 5Bn greenshoe, lifting the tranche to KSh 20Bn. The notes list on the NSE on December 16 with a 10.4% tax-exempt coupon.
