Hard truths.

Business

Nairobi Securities Exchange closes August with broad gains, indices well above 2025 levels

The performance comes against a backdrop of continued investor attention on Kenya’s economic outlook, corporate earnings, interest rates, currency movements and government fiscal policies. These factors have re...

By Chrispho Owuor
2 min read
Nairobi Securities Exchange closes August with broad gains, indices well above 2025 levels

Kenya’s equity market closed on a positive note on August 31, with all major indices at the Nairobi Securities Exchange (NSE) recording gains, as leading stocks advanced and key market indicators remained well above their end-2025 levels.

The NSE All Share Index (NASI), which tracks the performance of listed companies across the market, led the day’s gains, rising 1.19 per cent to close at 251.33 points.

The NSE 10 Share Index gained 0.99 percent to settle at 2,719.98 points, while the NSE 25 Share Index increased by 0.69 percent to 6,960.48 points.

The NSE 20 Share Index also strengthened, rising 0.38 percent to 4,325.62 points. The Banking Sector Index recorded a more modest gain of 0.15 percent, closing at 285.77 points.

The latest market performance underlines the stronger position of Kenyan equities compared with the end of 2025. NASI closed Monday at 251.33 points, up from 186.58 points at the end of last year.

Over the same period, the NSE 10 Share Index climbed from 1,965.20 to 2,719.98 points, while the NSE 25 Share Index increased from 5,096.68 to 6,960.48 points.

The NSE 20 Share Index rose from 3,139.19 points to 4,325.62 points, while the Banking Sector Index moved from 203.65 points at the end of 2025 to 285.77 points.

The gains were also reflected in individual counters, with Car & General emerging as the day’s strongest performer. Its share price rose 9.92 percent from Sh234.25 to Sh257.50.

Unga Limited followed with an 8.86 percent increase, moving from Sh38.90 to Sh42.35. SKL gained 7.50 percent from Sh20 to Sh21.50, while Diamond Trust advanced by 4 percent.

Express was another notable gainer, rising 3.32 percent during the session.

The broad-based gains offered a strong finish to August for the local equities market, with the major indices and several individual stocks recording positive movements.

The performance comes against a backdrop of continued investor attention on Kenya’s economic outlook, corporate earnings, interest rates, currency movements and government fiscal policies. These factors have remained important considerations for investors assessing the prospects of listed companies and the wider capital market.

The NSE said the month ended with positive momentum across the key market indicators, pointing to continued investor confidence as one factor supporting the market’s performance.

The stronger index levels also provide a notable contrast with the position at the close of 2025, when the major market indicators were significantly lower.

For investors, the sustained rise in the benchmark indices signals improved market valuations across several segments of the exchange, although individual counters continue to experience different levels of performance.

With August now concluded, market participants will turn their attention to September and the factors likely to influence trading activity, including company results, domestic economic conditions and global financial market developments.

More from BusinessBrowse the section
Continue to the next story →