NSE slips as foreign outflows hit; banks, Safaricom in focus
Foreign investors posted outflows of KSh 1.18bn in week 1 of Sep as Safaricom and banks led selling, while a thin session kept liquidity light.
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Foreign investors posted outflows of KSh 1.18bn in week 1 of Sep as Safaricom and banks led selling, while a thin session kept liquidity light.
Banks and Safaricom led declines as foreign outflows persisted in week 1 of September, leaving the NSE in a cautious, low-volume session and signaling a cautious week ahead for traders.
Foreign outflows dominated the week’s start, pressuring Safaricom and banks as NASI steadies around 255.30 and turnover stays robust.
Safaricom's M-Pesa economics and dividend cadence are shaping margins, while a government stake sale and liquidity signals tilt near-term stock dynamics.
Thin session on the NSE with no confirmed foreign flows. Watch **Safaricom** and banks for any intraday moves as liquidity stays thin.
AIB bond filings signal debt-market action as the NSE drifts in a thin session; no confirmed foreign flows yet, with Safaricom and banks as likely drivers if flows emerge.
CMA granted exemption for the Vodacom-Safaricom deal, enabling a stake up to 54.94% in a KES 272b transaction; Safaricom dividend of 1.15 per share noted.
CMA exemption in the Vodacom-Safaricom deal lifts sentiment as PORT jumps 9.25% to 109.25.
Safaricom’s SCOM rose as CMA granted exemption for the Vodacom-Safaricom deal, paving the way for a 54.94% stake valued at KES 272 billion.
Learn how **SCOM**’s P/E of 18.2x, **EQTY**’s 5.75 dividend, and **Vodacom-Safaricom**’s KES 272b deal impact your portfolio.
CMA exemption on the Vodacom–Safaricom deal supported equities as **PORT** jumped 9.25% to 109.25, with top movers and dividend news shaping the session.
Safaricom (SCOM) declared a 1.15 KES dividend with book closure on 4 August 2026, while foreign inflows reached 21.62 Mn KES on 1-2 July.