BUSINESSSTOCKS

Eveready Makes Big Gains as NSE Market Capitalization Reaches Ksh 2.59 trillion

Wealth at the NSE is being buoyed by impressive half-year earnings of the big banks

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Nairobi Securities Exchange has opened its trading floor to regional investors
NSE has enhanced access to regional investors through the Absa Bank South Africa link
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Market Capitalization at the Nairobi Securities Exchange (NSE) increased to Ksh 2.59 trillion at the end of last even though there was a decline in traded volume and turnover. This is as the current earnings season continues to excite investors at the Nairobi bourse.

Market capitalization, commonly referred to as a market cap, is a key financial metric used to assess the total value of wealth at the NSE and is an essential indicator for investors, providing insights into NSE’s size, financial stability, and growth potential.

According to the Central Bank of Kenya (CBK) Weekly Report, which is updated every Thursday, Equity turnover fell 15.65% to Ksh 1.92 billion, total shares traded also declined 2.48% to Ksh 83.04 million while market capitalization increased 2.11% to reach a new high of Ksh 2.589 trillion.

Weekly Equity deals were up 36.7% to 15,361 from 11,240 the previous week. Bonds turnover in the domestic secondary market decreased by 21.50% during the week ending August 14th 2025. On the international market, yields on Kenya’s Eurobonds decreased by 16.13% basis points on average.

> Fat Dividend For KCB Shareholders, NSE Cheers Up Its Share

The benchmark NASI, NSE 25 and NSE 20 share price indices increased by 2.11%, 2.90% and 4.52%, respectively, during the week ending 14th August, 2025.

The NSE top weekly gainers were led by Eveready East Africa (+52.83%), Car & General (+29.67%), HF Group (+26.30%), Olympia Capital (+21.48%), and Sameer Africa (+17.13%).

Eveready closed at Ksh 1.62 per share on Friday, recording a 9.5% gain over its previous price of Ksh 1.45. This counter began the year at Ksh 1.15 and has since gained 40.9%. Eveready has accrued an outstanding 74% over the past four-year period. Over the past three months, Eveready traded a volume of 7.07 shares in 2081 deals-valued at KSh 7.07 million over the period.

According to analysts, wealth at the NSE is being buoyed by impressive half-year earnings of the big banks such as Kenya Commercial Bank and Equity Bank that have witnessed a lot of investor activity seeing the NSE 20-Share Index, which tracks the largest counters by market capitalization, hit new highs.

Data from the Nairobi bourse shows that at the end of the week, the NSE All Share Index was up 2.77%, the NSE 20Share Index up 3.94% and the NSE 10 Share index edged 3.22%.

> Central Bank Rate-Cutting Mood Roils Kenya’s Credit Market

Written by
JACKSON OKOTH -

Jackson Okoth writes for Business Today. He can be reached on email at [email protected]

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