Nairobi Stocks Exchange trading on July 16, 2025, experienced a subdued session with the NSE All Share Index slipping marginally as investors approached midweek with caution.
The NSE 20 Share Index stood at approximately 2,504 points, reflecting a modest decline of around 0.4% from the previous day’s close.
Despite this dip, turnover remained steady with roughly 19 million shares traded and equity turnover totaling around KES 423 million by the close of July 15.
Market breadth showed a mixed picture. While select stocks particularly in banking and telecommunications saw modest gains, sector-wide sentiment remained cautious amid global economic uncertainties.
Notably, the Co-operative Bank of Kenya (COOP) saw its share price ease to KES 16.90, down 0.6% from Tuesday’s close, in a session where it traded just over 276,000 shares.
Meanwhile, other blue‑chips traded within narrow bands, mirroring the overall lack of strong catalysts.
A significant highlight ahead of today’s trading was the scheduled debut of the Satrix MSCI World Feeder ETF a milestone as Kenya’s first equity-based ETF.
This development has generated anticipation among investors seeking diversified global exposure, even though its entry wasn’t enough to lift the overall market sentiment.
Analysts suggest the current market tone reflects investor restraint amid limited domestic news flow and cautious global sentiment.
Oil prices remain range-bound and foreign investment flows continue to be monitored closely.
Heading into the rest of the week, traders are expected to await mid-month macroeconomic data and any updates on regulatory developments that could impact key sectors.
For now, the Nairobi bourse is holding steady with minor fluctuations, hinting at a market in consolidation as players digest both local ETF innovations and broader financial uncertainties.
Written By Ian Maleve
