The Nairobi Securities Exchange (NSE) closed mixed on July 18, 2025, with trading volume dipping 26% to 15.5 million shares while turnover rose 25% to KSh 603.3 million, reflecting selective investor participation.
The benchmark All-Share Index (NASI) inched up 0.12% to 157.79, even as the NSE 20, NSE 10, and NSE 25 indices edged lower down 0.35%, 0.3%, and 0.28%, respectively.
Market capitalisation rose to KSh 2.47 trillion, supported by strong performances in key counters.
Leading gainers included Express Kenya (+7.09%), Unga Group (+4.19%) and Sanlam Kenya (+2.46%), while Longhorn Publishers (-5.58%), ScanGroup (-4.81%), Home Afrika (-4.41%) and East African Breweries (-4.2%) lagged.
KCB recorded the highest trading volume with 4.41 million shares, followed by Kenya Re (4.1m), Kenya Power (1.48m) and StanChart (955,900).
Analysts say the sharp drop in volume juxtaposed with higher turnover suggests cautious optimism as investors rotate capital into strong performers while locking in gains.
Market breadth remained light with 17 gainers against 25 losers across 47 equities.
With YTD returns near 28% and rising ahead of third-quarter earnings, focus now shifts to dividends and corporate results.
Written By Ian Maleve