The Nairobi Securities Exchange (NSE) rebounded as of today with the All-Share Index (NASI) climbing 0.36% to 157.60, snapping a five-day losing run and lifting market capitalisation to approximately KSh 2.46 trillion.This rebound follows a 3.6% drop earlier in the week as investors locked in gains.
Trading volume rose sharply, with 20.85 million shares exchanged across 1,837 deals, and turnover surged nearly 14%, underscoring renewed market enthusiasm.
Market breadth was positive: 24 gainers versus 19 losers, with Kapchorua Tea (+6.5%), Crown Paints (+5.7%), and Car & General (+3.6%) leading the pack.
Year to date, NASI is up 27.6%, firmly in positive territory alongside the NSE 20 (+24.2%), NSE 10 (+19.6%), and NSE 25 (+19.3%), reflecting resilient investor confidence.
Analysts view the uptick as a healthy correction rather than a trend reversal, as liquidity remains strong and dividend plays stay in focus.
Investor eyes now turn to third-quarter earnings and upcoming dividends, which are expected to steer activity and sentiment in the weeks ahead.
Written By Ian Maleve
