Tuesday Midday Market Update — Nov 25, 2025
Uchumi extends its steep rally and trades at a new high of KSh 0.86, up 8.86%, with YTD gains now past 405%.
- •The gains follow fresh regulatory attention after the Capital Markets Authority confirmed it is conducting a deeper review of Uchumi’s governance, disclosures and board practices after an investor complaint.
- •The regulator cited earlier inspections, ongoing audits and continued monitoring of the CVA process.
- •Turnover sits at KSh 147.5M. DTB leads activity with KSh 35.6M. KCB follows at KSh 14M and KenGen at KSh 13M.
Foreign buys stand at KSh 7M, led by DTB at KSh 5.8M. Equity Bank records KSh 501K and Safaricom 319K.
Foreign sells total KSh 14M, driven by KCB at KSh 6.8M. BAT accounts for KSh 4.5M and Safaricom for KSh 754K.
The NASI is down 1.83% by early afternoon.
Top gainers include Uchumi (+8.86%), Limuru (+8.62%) and Crown Paints (+8.21%). TPS Serena, Kenya Airways and BOC also trade higher.
Losers include Standard Group (–10%), EAPCC (–8.37%) and Jubilee (–6.15%). TotalEnergies, Eveready and Unga extend the downside.
Safaricom opens subscriptions for the first tranche of its KSh 40B MTN programme. The offer includes up to KSh 15B in green notes with a KSh 5B greenshoe. The five-year senior unsecured notes carry a 10.40% fixed rate and target eligible green projects. Books run from 25 November to 5 December, with allotment on 8 December and listing on 16 December.
EABL also lists its first tranche MTN at the NSE today.
