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NSE Closes in the Red on Mild Profit-Taking

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NSE is on a rally as Kenya enters the 2027 election cycle
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The NSE (Nairobi Securities Exchange) saw its key indices close lower in Wednesday’s trading with the NSE 20 Share index down 0.25% to 3,604.56, the All Share Index falling 0.44% to 207.57 and the NSE 25 share Index declining by 0.27% to 5766.86. The Banking Index declined 0.40% to 240.8 while the NSE 10 share index declined by 0.11% to close the day at 2,181.73.

The top price gainers were led by EAAGADS whose share price rose 9.82% to KSh 33.00, followed by Coop Bank which closed the day at KSh 32.90, an increase of 2.17%; SKL at KSh 9.18 an increase of 2%, Centum at KSh 14.20, a 1.43% rise and KQ whose share price rose 1.37% to KSh 5.90.

Eaagads Limited is principally engaged in the growing and selling of coffee.

Meanwhile, the NSE Chief Executive Mwiti on Panel to pick Independent Directors of State-Owned Enterprises

NSE (Nairobi Securities Exchange) Chief Executive Officer Frank Mwiti has been appointed to sit on the selection panel that will oversee the recruitment of independent directors of Government-Owned Enterprises for a 3-year term, effective April 17th 2026.

According to the NSE Board, Mwiti’s appointment reflects on his exceptional and impactful leadership and the NSE’s strategic role in setting global standards for Corporate Governance and Transformative Leadership across Kenya and Africa’s business landscape.

Written by
JACKSON OKOTH

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

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