NSE: Top Movers, Gainers and Losers in June

NSE (Nairobi Securities Exchange) closed the month of June on a bullish note with the broad market returning 9.0% month on month

NSE benchmark indices including the N10, NSE 20 and NSE 25 advanced by 11.8%, 6.9%, and 9.7%, respectively between May and June.

This strong June performance anchored a robust Q2 2026, pushing quarterly returns to 15.1% in June compared to March, a resilient outcome despite the fuel shock and its subsequent ripple effects during the period. Likewise, the N10, NSE 20, and NSE 25 inched upwards by 18.7%, 9.4%, and 14.6%, respectively between March and June 2026.

From a market turnover perspective, Safaricom was the quarter’s most heavily traded counter, accounting for 82.3% of total market activity. This dominant volume was bolstered by a block trade on 30th June 2026 involving Vodacom’s 15% acquisition of GoK (Government of Kenya) shares.

Excluding this block trade, Safaricom accounted for 21.2% of quarterly activity, ranking as the second most traded counter behind Equity Group which had a 29.8% share to the turnover.

Markedly, foreign investors remained bullish for the second consecutive month– as signalled by their net flow activity of US$ 4.0Mn– snapping a 10-month streak of outsized net outflows.

NSE Top Gainers and Losers

According to data from Standard Investment Bank(SIB) Car& General(K) Limited was the top price gainer in the second quarter ended June 2026, at a price of KSh 117.50, an increase of 48.3%, with a market capitalization of US$ 72.9m, followed by I&M Holdings whose share price rose 36.9% to KSh 69.50, Kapchorua Tea whose price increased by 27.1% to KSh 346.25, East African Portland Cement, which edged 23.8% to KSh 92.25.

Other top gainers were Williamson Tea which was up 19.8% to KSh 160.25, KCB Group which gained 18% to KSh 78.75, Absa Bank Kenya whose share price gained 11.5% to KSh 32.05, Safaricom which also gained 11.5% to KSh 34.05, Carbacid which gained 11.3% to KSh 33 and Limuru Tea whose share price gained 11% to KSh 538.00.

NSE top losers in the month of June were led by Sasini whose price fell 13.5% to KSh 23.40 followed by Liberty Kenya Holdings which declined 9.7% to KSh 8.94, Eaagads which declined 7.1% to KSh 30.85, Standard Group which fell 6.1% to KSh 5.86, Sanlam Kenya which fell 6% to KSh 7.90, Umeme which was down 5.6% to KSh 7.38, WPP ScanGroup which fell 5% to KSh 2.09 and Flame Tree Group whose share price declined 5% to KSh 1.90.

Other losers were Kurwitu Ventures which fell 3.3% to KSh 1450 and Kakuzi which declined 3.2% in June to KSh 438.50.

In the first half of the year, Banking remained one of the strongest sectors on the NSE. Strong earnings, resilient balance sheets, and improving asset quality helped drive impressive performances from I&M Group, Co-operative Bank, Stanbic Holdings, and KCB Group.

Kenya Pipeline Company (KPC) and Family Bank both listed on the Nairobi Securities Exchange, expanding the range of investment opportunities available to Kenyan investors and signalling renewed confidence in the market.

Across the market, the companies that outperformed shared similar characteristics: growing earnings, disciplined management, and a consistent ability to create shareholder value.

According to market experts, following the successful listings of KPC and Family Bank, investors will be watching the expected listing of AA Kenya. A healthy pipeline of new listings is a positive signal for both investors and Kenya’s capital markets.

The next standout performer may already be listed. It could be quietly growing its earnings, expanding its market share, or preparing for its next phase of growth.

As the second half of the year unfolds, corporate earnings, dividend announcements, and new listings are likely to create fresh opportunities for investors who stay informed and act early.