9 posts
Delayed official data leaves equity traders in the dark while corporate actions and fixed income dominate attention.
Kenya’s equity market saw selective momentum in consumer and financial stocks, though broader index data remained unreported.
Equity Group flexes with a 1.33% gain while Kenya Airways takes a 9.41% nosedive. Dividend season heats up—mark April 30!
Equity Group delivered KES 75.55Bn in FY25 profit after tax, a 54.7% y/y surge, while proposing a KES 5.75 final dividend. The stock trades at 3.6x P/E and 0.9x P/B.
The NSE All Share Index climbed 0.45% as Safaricom led gains while KCB and Equity Group weighed on blue chips. Turnover surged 18% to KES 2.1 billion amid mixed sector performance.
Equity Group surged 4.2% as regional expansion optimism offset political risks. NSE 20 fell 0.3% with mixed sector performance.
A structured company-level breakdown with key risks and watchpoints.
A structured company-level breakdown with key risks and watchpoints.
The NSE saw a 3.19% rise in market capitalization to KES 3.37 trillion, but foreign outflows and mixed equity performance hint at underlying volatility.